Publicly-listed Primex Corp. booked a record hike in profits in 2020 despite the harsh impact of the pandemic on real estate sales.
Primex said its net profits zoomed up by 648 percent to P148.886 million in 2020 from P19.9 million in 2019.
Real estate sales surged to 527.946 million in 2020, up by 2000 percent from only P25 million in 1990. It also chalked up a 370 percent rise in rental income to P80.284 million in 2020.
If you have any inquiries for us, please don’t hesitate to reach out. We would be happy to respond to your queries.
Primex Corporation provides the www.primex.ph as a service to the public. Primex Corporation is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of us, reference to, or reliance on any information contained within the website. While the information contained within the website is periodically updated, no guarantee is given that the information provided in this website is correct, and up-to-date. Primex Corporation website may include links providing direct access to other informations, including websites, Primex Corporation is not responsible for the accuracy or content of information contained in these websites. Links from Primex Corporation to third-party websites do not constitute an endorsement by Primex Corporation of the parties or their products and services. The appearance on the website of advertisements and products or services information does not constitute an endorsement by Primex Corporation, and Primex Corporation has not investigated the claims made by any advertisers. Product information is based solely on materials received from suppliers and the company. All of the contents shown on this website, including, but not limited to photographs, images, text are the exclusive intellectual property of Primex Corporation and/or its content providers.