Pryce Corp. on Friday reported a 2025 consolidated net income of P4.01 billion, up 30 percent from P3.09 billion it booked in 2024.
The listed company told the stock exchange that growth was led by the expansion of its industrial gas operations, gains from strategic investments and disciplined cost management.
Total revenues rose 9.6 percent to P22.72 billion from P20.72 billion in 2024. Liquified petroleum gas (LPG) remained the primary revenue driver, contributing P19.64 billion, which represented a 2.6-percent increase.
The industrial gases segment posted a 32.3-percent surge to P1.21 billion. The company attributed this performance to the ramp-up of new air separation plants and increased market demand.
Real estate and memorial park operations grew 11.7 percent and pharmaceutical sales rose 10.4 percent.
Total costs and expenses amounted to P18.70 billion, up 6.1 percent from the prior year.
Pryce said that LPG costs and operating expenses remained contained while industrial gas costs rose in line with volume growth.
Financial performance was bolstered by a slight decline in finance costs and a 9.1-percent drop in income tax expense, which improved net margins.
Earnings per share rose to P2.133 from P1.6449.
The company said it remains focused on scaling its industrial gas footprint and sustaining operational efficiency. Pryce said it is in the preliminary stages of constructing an air separation plant in Davao, with completion expected by the first quarter of 2027.
