ENTITY
Pryce Corp

Pryce Corp (PPC PM)

22
Analysis
Energy • Philippines
Pryce Corporation produces and sells industrial gases under the PryceGas brand name in the Philippines. The company operates through Real Estate; LPG, Industrial Gases, and Fuels; and Pharmaceutical Products segments. It engages in the manufacture, purchase, importation, sale, and distribution of various kinds of liquefied petroleum gas (LPG) and industrial gases, such as oxygen, acetylene, hydrogen, nitrogen, argon, carbon dioxide, nitrous oxide, compressed air and helium, and other allied or related products, including its containers, equipment, and other receptacles. As of December 31, 2015, the company operated 8 LPG marine-fed terminals and 32 refilling plants. It is also involved in the acquisition of raw land and its conversion into various developments, primarily memorial parks. The company owns and operates memorial parks in Cagayan de Oro, Iligan, Ozamiz, Polanco, Zamboanga, and Davao; and smaller-sized memorial parks in Manolo Fortich and Malaybalay in Bukidnon, Malita in Davao del Sur, Bislig in Surigao del Sur, and Alabel in Saranggani, as well as owns Pryce Plaza, a convention hotel located in Cagayan de Oro City. In addition, it distributes and sells pharmaceutical products, such as vitamins and food supplements on wholesale and retail basis. The company was formerly known as Pryce Properties Corporation and changed its name to Pryce Corporation in July 1997. Pryce Corporation was founded in 1989 and is headquartered in Makati City, the Philippines.
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•12 Mar 2018 18:27

The Week that Was in ASEAN@Smartkarma - Goldilocks, Hotels, and Retailing

This week's offering across ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive and actionable insights from across...

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bullish•Pryce Corp
•05 Mar 2018 09:07

Pryce Corp: FY17 Profit up 29%, 8x PE and 5% Yield

On 20th Feb, Pryce Corporation reported preliminary full-year results. Total net income grew 29% to PHP 1.25bn, largely driven by the LPG business...

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•09 Jan 2018 16:52

The New Year's Week that Was in ASEAN@Smartkarma - Taxes, Beer, and Optimism

This week's voluminous offering includes insights published over the Festive period and is, as always, packed with an eclectic mix of insights,...

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bullish•Pryce Corp
•03 Jan 2018 07:24

Inaugural Dividend Is a Harbinger of Things to Come

On Friday 22/12 Pryce Corp declared their first dividend since 1995, prior to the Asian Financial Crisis and subsequently entering rehabilitation....

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bullish•Pryce Corp
•13 Nov 2017 09:09

3Q17 Results - Higher Growth and Looming Dividend

Pryce Corp released their full 3Q17 results on 10/11, following a preliminary announcement on 18/10, which we covered in the note PRYCE 9M 2017 NET...

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