LISTED Pryce Corp. saw its consolidated net income increase by 7.58 percent to P1.509 billion last year from P1.403 billion in 2018. In a disclosure on Tuesday, Pryce said its revenues reached P10.632 billion, a 3.50-percent increase from P10.273 billion year-on-year. It also said last year’s profit was within its target despite the expiration of the income tax holidays enjoyed by its import terminal in San Fabian town, Pangasinan province. Pryce is optimistic about its prospects for 2020 on account of strong household incomes, given steady remittances from overseas Filipino workers and new job opportunities. Pryce shares grew by 18 centavos or 3.83 percent to finish at P4.88 apiece on Tuesday.

Source: Manila Times March 03, 2020 16:26 UTC