URC income up 38% despite sluggish sales
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…