LISTED Crown Asia Chemicals Corp., maker of premium pipes and polyvinyl chloride (PVC) compounds, said on Tuesday that its net income in the first half of the year surged 60 percent from a year ago on stronger pipe segment sales.

In a disclosure to the Philippine Stock Exchange, the company said its net income for the first six months reached P66.4 million, 60.8 percent higher than the P41.3 million realized during the same period a year ago.

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