Pryce Corporation (PSE: PPC), a company that sells cooking gas and other products in the Philippines, reported growth in its business for the first six months of 2026, even though there was a conflict in the Middle East that made things harder for them.

According to the company’s disclosure to the Securities and Exchange Commission dated July 30, 2026, Pryce Corporation earned Php 11.72 billion in revenues during the first half of 2026. This is 3.57% more than what they earned during the same period last year, which was Php 11.31 billion. The company’s net income (the profit they keep after paying all expenses) stayed steady at Php 1.93 billion.

What Does Pryce Corporation Do?

Think of Pryce Corporation as a company that delivers the gas tanks people use for cooking. Their main business is selling something called LPG (liquefied petroleum gas) – that’s the gas inside those metal tanks you see in kitchens and restaurants.

LPG Business Leads the Growth

The company’s main business, selling LPG cooking gas, performed really well. This part of the business grew by 8.71%, earning Php 10.65 billion compared to Php 9.79 billion the year before.

The company sold about 128,000 metric tons of LPG during this period. The price they paid for their gas was higher this year – about US$ 662.75 per metric ton compared to US$ 606.17 last year.

When the conflict in the Middle East started at the end of March, it became harder for Pryce to get their gas supplies in April and May, which hurt their sales. But by June, things got better and their sales went back to normal. The company expects their business to grow even more in the second half of 2026.

Other Businesses Also Growing

Pryce Corporation doesn’t just sell cooking gas. They also have other businesses:

• Industrial Gas: This business grew by 26.25%, earning Php 690.56 million. They sold 1.87 million standard cylinders, which is 21.19% more than before.
• Real Estate and Memorial Parks: This business grew by 8.14% to Php 210.18 million.
• Pharmaceutical Products: They earned Php 24.03 million from selling medicine-related products.
• Dividends and Other Income: They also made Php 147.49 million from other sources.

Managing Costs Well

The company spent Php 9.79 billion on all their costs and expenses, which was 4.3% more than the Php 9.38 billion they spent last year. However, because they managed their costs carefully, their gross profit (money left after paying for the products they sell) jumped up by 24.49% to Php 3.83 billion.

One good thing that happened was their finance costs (the money they pay for borrowing) went down by 22.38% to Php 92.16 million. They paid Php 395.71 million in income taxes.

More Money for Shareholders

For every share of stock in the company, owners earned Php 1.0265 during the first half of 2026, slightly more than the Php 1.0261 they earned during the same period last year.

The company is so confident about their performance that they decided to give more money back to their shareholders. They paid out Php 0.33 per share as dividends (a share of the profits), which is 65% more than the Php 0.20 per share they gave last year.

Future Plans

Pryce Corporation is building a new plant in Davao that will separate air into different gases for industrial use. They expect to finish this project in early 2027, which will help them sell even more industrial gas in the Philippines.

Source: Pryce Corporation SEC Form 17-C filed on July 30, 2026

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.