Pryce Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 09:46 pm EST
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Pryce Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 4,420.74 million compared to PHP 4,060.17 million a year ago. Revenue was PHP 4,420.74 million compared to PHP 4,060.17 million a year ago. Net income was PHP 477.82 million compared to PHP 646.28 million a year ago. Basic earnings per share from continuing operations was PHP 0.2521 compared to PHP 0.3409 a year ago.
For the nine months, sales was PHP 14,327.67 million compared to PHP 11,178.82 million a year ago. Revenue was PHP 14,327.67 million compared to PHP 11,178.82 million a year ago. Net income was PHP 1,120.56 million compared to PHP 1,338.06 million a year ago. Basic earnings per share from continuing operations was PHP 0.5911 compared to PHP 0.7058 a year ago.
Pryce Corporation is a Philippines-based property holding and real estate development company. The Company is engaged in acquiring, purchasing, leasing, holding, selling, or otherwise dealing in land and or real estate or any interest or right therein, as well as real or personal property of every kind and description, including shares of stock in industrial, commercial, manufacturing and any other similar companies. The Company concentrates its operations in Mindanao and is principally involved in the development of memorial parks and sale of memorial lots. The Companyâs segments include real estate, liquefied petroleum gases (LPG) and industrial gases, and pharmaceutical products. It owns and operates approximately 13 memorial parks in Mindanaoâs cities, which include Cagayan de Oro City, Iligan City, Ozamiz, Polanco, Zamboanga City, Davao City, Malaybalay City in Bukidnon, Malita in Davao Occidental, Bislig in Surigao del Sur, Alabel in Saranggani, Pagadian City, and Butuan City.
PRYCE CORPORATION 
