Pryce net income rises 18% to P1.12B in Jan-Septhome/Business/Corporate News/Pryce net income rises 18% to P1.12B in Jan-SeptLISTED Pryce Corp. reported that its consolidated income increased to P1.12 billion in the first nine months of the year, which it credited to strong revenues. Industrial gas sales increased by 10.31 percent to P320.08 million in January-September from P290.17 million last year, thanks to oxygen sales, which grew to P230 million from P209.62 million. Pryce’s real estate business, meanwhile, saw its sales surge by 112 percent, contributing P237.93 million to revenues. Its pharmaceutical business also saw sales grow by 26.2 percent to P31.62 million. Also on Friday, Pryce disclosed its plan to repurchase P500 million worth of its common shares, which it intends to turn into treasury shares.

Source: Manila Times November 16, 2018 17:15 UTC