• 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 [...]
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