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Gokongwei-led food manufacturer Universal Robina Corp. (URC) saw its bottom line more than double last year, primarily due to a one-time gain from the sale of its Oceania business.

Universal Robina Corporation (URC) reported a 109 percent rise in its unaudited 2021 net income to P24.3 billion from the same period last year mainly due to a one-time gain from the sale of its Oceania business. In a disclosure to the Philippine Stock Exchange, the firm said “The sale provided an

Universal Robina Corp., the Gokongwei-led snack foods giant, reported an unaudited net income of P24.3 billion last year, up 109 percent from a year ago, driven largely by the sale of its business in Australia and New Zealand.

Cross-linked news, and information resources about Republic of the Philippines

After selling its ventures in Australasia, food and beverage conglomerate Universal Robina Corporation (URC) is beefing up its presence in Southeast Asia with the acquisition of Malaysia’s Munchy Food Industries Sdn. Bhd. for about P22.86 billion. In a disclosure to the Philippine Stock Exchange, I

Universal Robina Corp. (URC), the food group of the Gokongweis, reported that its profit in January to September rose 38 percent to P11.2 billion from last year’s P8.11 billion, despite sluggish sales. Sales for the period reached P102.6 billion, up 3 percent from P99.61 billion last year. “Operating income continues…

Universal Robina Corporation (URC) reported that its international operations have been able to adapt to the challenges posed by the ongoing COVID-19 pandemic. In a statement, URC President and CEO Irwin Lee said the past year had been challenging because of the COVID-19 pandemic. URC LOGO

Universal Robina Corp (URC) has cited the country’s economic frontliners in ensuring the country’s food security as it begun vaccinating its workers at its sugar mills amid a still lingering COVID-19 pandemic. Universal Robina Corporation Sugar and Renewables (URC SURE) SONEDCO workforce during

Published May 2, 2021, 6:00 AM Universal Robina Corporation (URC), the food and beverage unit of the Gokongwei Group, reported a 51 percent jump in unaudited net income to P3.2 billion in the first quarter of 2021.  In a disclosure to the Philippine Stock Exchange, the firm said “This performance was driven by growth in operating income, lower foreign exchange losses, controlled financing costs, and was further boosted by benefits from the Comprehensive Recovery and Tax Incentives for Enterp...

[captioning made possible by constellation energy group] >> welcome to "11 news sunday morning." im lisa robinson. jennifer has the day off. >> im kate amara. im filling in for jennifer franciotti. first we want to go to ava marie. good morning. >> all week long we have been hinting at the possibility of a snowstorm in maryland, but we knew it had to hit us to directly bring that snow. it looks like it is impacting to the south, and that means minimal snow chances here in baltimore. th...