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PRYCE Corp. said Thursday that net income for 2023 rose by 32 percent to P2.22 billion, from P1.69 billion a year earlier, due to improved margins in its liquefied petroleum gas (LPG) business, particularly in the Luzon market.
INDUSTRIAL firm Pryce Corp.'s consolidated net income jumped by 28.4 percent to P1.58 billion in the first nine months from P1.23 billion a year ago, driven by strong liquefied petroleum gas (LPG) sales.
Last week Share prices fell again this week as profit-taking continued, despite lower inflation for July and corporate earnings report for the first half of the year. The benchmark Philippine Stock Exchange index dropped 174.42 points to close at 6,450.84 points. The main index was down in three of the…
PRYCE Corp.'s first-half net income grew by 15.6 percent to P819.68 million from P708.78 million a year earlier, led by improved margins in its liquefied petroleum gas (LPG) business.
INDUSTRIAL firm Pryce Corp. will soon begin construction of an air separation plant for its oxygen business, which when completed is expected to boost profit margins in the coming years.