Pryce Corporation Reports 30% Net Income Growth in 2025, Driven by Industrial Gas Expansion
Pryce Corporation (PPC) delivered its strongest financial performance to date in 2025, posting a consolidated net income of ₱4.01 billion, a 30% increase from ₱3.09 billion in 2024. Total revenues rose 9.6% to ₱22.72 billion, fueled by strategic investment gains, disciplined cost management, and robust growth in its industrial gas operations.
Liquefied petroleum gas (LPG) continued to be the company’s primary revenue driver at ₱19.64 billion, while industrial gases saw a remarkable 32.3% increase to ₱1.21 billion, reflecting the ramp-up of new air separation plants and stronger market demand. Real estate, memorial park operations, and pharmaceutical sales also posted healthy gains, contributing to stable recurring income. Cost containment and a 9.1% drop in income tax expenses supported improved net margins, driving earnings per share up to ₱2.1331 from ₱1.6449.
Looking forward, PPC plans to expand its industrial gas footprint and enhance operational efficiency. The company has begun preliminary construction of a new air separation plant in Davao, expected to be operational by early 2027, which is anticipated to further strengthen its industrial gas segment and sustain long-term profitability.
