Archive

  • PRYCE's Q1 2021 REVENUES GREW 9.28%
    06
    May
    2021
    Pryce Corporation (PPC) registered a 9.28% growth in consolidated revenues from Php 3.175 billion in the first quarter of 2020 to Php 3.470 billion in the same period this year. Net income also grew from Php 398.98 million to Php 423.22 million, posting a 6.08% increase over the comparable 2020 period. These positive outcomes were brought about by the performance of PPC’s liquefied petroleum gas (LPG) products.
  • PRYCE's 2020 REVENUES UP BY 10.14%
    18
    Mar
    2021
    The Company posted consolidated revenues of P11.708 billion in 2020, up by 10.14% compared to 2019’s P10.630 billion. This growth was driven mainly by sales of its LPG products consisting of LPG cooking gas (LPG), cylinders, gensets, stoves and accessories. LPG products consistently cover more than 90% of the consolidated revenues. Sales volume of LPG, the main revenue driver, increased by 10.27% to 242,474 metric tons (MT) from the previous year’s 219,884 MT.
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