Pryce Corp.

Pryce Corp.

PPSE:PPC
16.50
PHP
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Salvador P. Escaño
Full Time Employees
4,169
Sector
Finance
Industry
Real estate development
Address
Makati Philippines
IPO Date
Aug 15, 1991
Business
Pryce Corporation is a Philippines-based management and holding company primarily engaged in the importation, storage, distribution, and marketing of liquefied petroleum gas (LPG) and industrial and medical gases, alongside operations in real estate development and pharmaceutical distribution. Founded in 1989 and headquartered in Makati City, Philippines, the company operates nationwide across Luzon, Visayas, and Mindanao through its key operating subsidiaries, including Pryce Gases, Inc., Valle Di Oro Development Corporation, and Pryce Pharmaceuticals, Inc. The company organizes its business activities into three primary operating segments: Liquefied Petroleum Gas and Industrial Gases, Real Estate and Memorial Parks, and Pharmaceuticals. Under its energy and gas operations, the company distributes LPG products under the Prycegas brand name, providing bulk LPG for commercial and industrial enterprises; autogas for automotive transportation; LPG cylinders for residential and commercial use in various configurations, including 2.7-kilogram, 11-kilogram, 22-kilogram, and 50-kilogram sizes; LPG cylinder accessories, valves, and gas regulators; industrial and medical gases encompassing liquid and gaseous oxygen, acetylene, nitrogen, argon, carbon dioxide, nitrous oxide, and specialty gas blends. In its real estate segment, the company acquires, develops, and manages memorial parks, residential subdivisions, and commercial land developments under the Pryce Gardens brand across urban centers in Visayas and Mindanao. Through its pharmaceutical business, the company markets and distributes generic prescription drugs, over-the-counter medicines, and nutritional supplements and vitamins to hospitals, pharmacies, and commercial retail outlets. In recent operational developments, Pryce Corporation has strategically expanded its nationwide energy supply chain and logistics infrastructure, focusing on the expansion of its deep-water LPG import and storage marine terminal in San Fabian, Pangasinan, to support aggressive volume growth and market penetration across Northern and Central Luzon. The company has steadily expanded its distribution footprint through the construction of additional LPG refilling plants, cylinder maintenance centers, and retail sales centers throughout the Philippine archipelago. Additionally, the company has increased capital investments in logistics assets, marine transport capabilities, and cylinder inventories to meet growing domestic household and commercial fuel demand, while continuing to broaden the distribution network of its pharmaceutical and industrial gas product lines.