Pryce Gases, Inc. (PGI) has been recognized as one of the FT 1000 Highâ€Growth Companies in Asiaâ€Pacific for 2018 released by the Financial Times. PGI ranked third (3rd) among the shortâ€listed companies in the Philippines under the Energy sector, behind PetroEnergy Resources Corporation and Alsons Consolidated Resources. The company ranked 664th among the 1,000 fastâ€growing companies in the Asiaâ€Pacific Region.
The Financial Times is one of the world’s most trusted and leading business news organizations taking pride in its authority, integrity and accuracy in financial news reporting. In 2018, Financial Times inaugurated the FT 1000 list recognizing the fastest growing companies in the Asiaâ€Pacific Region.
The FT 1000 Highâ€Growth Companies Asiaâ€Pacific List considered fastâ€growing companies in Australia, Hong Kong, Indonesia, India, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea and Taiwan. Inclusion in the ranking is based on the company’s organic (internally stimulated) revenue growth between 2013 and 2016, with at least USD 100,000 and USD 1,000,000 posted revenues, accordingly. Financial Times also excluded stockâ€listed companies whose share prices dropped more than 25% in the past twelve (12) months.
Indian companies dominated the list with 271 companies, followed by Japan with 190, and Australia with 115. Only twentyâ€six (26) out of the 1,000 highâ€growth companies represented the Philippines. Prospa Advance, a financial technology company in Sydney, Australia, emerged on top of the prestigious FT 1000 list for 2018
This recognition only shows the company’s commitment to its shareholders to continuously strive for growth and maximize every opportunity for expansion. Pryce Gases, Inc. is 92% owned by Pryce Corporation.
April 17, 2018