• PPC’s 1H REVENUES IN 2020 UP BY 10.90%
    During the first half of 2020, Pryce Corporation (PPC) generated total revenues of P5.90 billion, 10.90% higher than last year’s P5.32 billion. Sales of liquefied petroleum gas (LPG) and LPG-related products accounted for 95.10% of the group’s total revenues, while sale of industrial gases, real estate, and pharmaceutical products accounted for the balance.  
  • Pryce’s Q1-2020 Net Income Rose by 9.4%
    In the 1st quarter of this year, Pryce Corporation and its subsidiaries (“the Company”) posted a net income of Php 396.36 million, 9.4% higher than 2019’s Php 362.35 million. The Company’s consolidated revenue likewise increased by 24.2%, to Php 3.18 billion from last year’s Php 2.56 billion. The sales performance of the Company’s principal product, LPG (cooking gas), along with its cylinders & accessories, and LPG gensets, was responsible for such positive outcomes. LPG products accounted for 95.3% of total revenues, while the balance was covered by [...]
  • PPC’s 2019 NET INCOME UP BY 7.58%
    Pryce Corporation and its subsidiaries (PPC) posted an unaudited consolidated net income of Php 1.509 billion for the year 2019, which is 7.58% higher than the previous year’s Php 1.403 billion. The Php 1.509-billion net income is within the range of the company’s target and this was achieved despite the expiration on December 31, 2018 of the income tax holidays enjoyed by the company’s San Fabian, Pangasinan import terminal since 2014.
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