PRYCE Corp. (PPC) on Friday reported a consolidated net income of P4.01 billion for 2025, up 30 percent from P3.09 billion in the previous year.
It told the stock exchange that the growth was driven by the continued expansion of its industrial gas operations, gains from strategic investments and disciplined cost management across its core businesses.
Revenues climbed 9.6 percent to P22.72 billion in 2025 from P20.72 billion in 2024.
Liquefied petroleum gas (LPG) remained the primary revenue driver, contributing P19.64 billion, a 2.6-percent increase year on year.
Industrial gases posted the fastest growth, with revenues surging 32.3 percent to P1.21 billion, reflecting the ramp up of new air separation plants and stronger market demand.
Pryce added that revenues from real estate and memorial park operations rose 11.7 percent while pharmaceutical sales were up 10.4 percent, providing stable recurring income streams.
Total costs and expenses amounted to P18.70 billion, up 6.1 percent from the previous year.
Pryce said industrial gas costs rose in line with higher volumes, while LPG costs and operating expenses remained well-contained.
Finance costs declined slightly, while income tax expense shrank 9.1 percent, helping improve net margins.
Earnings per share rose to P2.1331 from P1.6449 in 2024.
Looking ahead, Pryce said it remained focused on scaling its industrial gas footprint while sustaining operational efficiency to support continued profitability and reinforce its position in the Philippine industrial gas and energy sectors.
The company said it was also in the preliminary stages of constructing an air separation plant in Davao, with completion targeted for the first quarter of 2027.
Once operational, the facility is expected to further strengthen the company’s industrial gas segment.
Pryce Corp. shares added P0.20, or 1.36 percent, to close at P14.90 each on Friday amid a 1.7-percent rise for the benchmark Philippine Stock Exchange index.
