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Pryce H1 income rises to P819.7M

PRYCE Corp.'s first-half net income grew by 15.6 percent to P819.68 million from P708.78 million a year earlier, led by improved margins in its liquefied petroleum gas (LPG) business.

In a disclosure on Friday, Pryce said that LPG sales grew by 8.9 percent during the period as Luzon households started switching to branded cooking gas.