Pryce 9-month profit surges 40% to P2.2B

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INDUSTRIAL firm Pryce Corp. on Tuesday said that net income for the first nine months of 2024 soared 40 percent to P2.21 billion from last year’s P1.58 billion, largely due to improved sales margins and lower landed costs of liquefied petroleum gas (LPG) products.

Consolidated revenues grew 7 percent to P15 billion from last year’s P14 billion, the company said in a stock exchange filing.

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