Universal Robina Corp. (URC), the food and beverage unit of the Gokongwei Group, reported an 11-percent drop in net income to ₱6.7 billion in the first half of 2025 mainly due to an impairment charge related to the discontinuation of part of its packaging segment. In a disclosure to the...
Universal Robina Corporation (URC), the Gokongwei Group’s food and beverage unit, is has opened a new research and development center under its Malaysian subsidiary, URMunchy’s, as it bids to set the pace in snack innovation across Southeast Asia. “This center is not just a facility: It’s...
As inflation continues to ease, the Gokongwei Group’s food and beverage unit Universal Robina Corporation reported that noted that consumers are now less likely to purchase cheaper alternatives to their preferred products. “We are benefiting from more positive consumer sentiment in the...
Universal Robina Corporation (URC), the Gokongwei Group’s food and beverage unit, expects its growth to accelerate as rising consumer confidence leads to higher sales. “We are starting the year on a high note, delivering impressive volume growth across our key branded businesses in the first...
Universal Robina Corp. (URC), the food and beverage unit of the Gokongwei Group, has opened a new P5.4 billion flour mill in Sariaya, Quezon Province, that will boost the company's production capacity by 60 percent. In a statement, URC said its biggest mill, called URC Flour Sariaya, will increase...
The Gokongwei Group’s food and beverage arm Universal Robina Corporation (URC) is putting up a new production plant in Malvar, Batangas that will produce many of the new products the firm will introduce in the coming years. “This mega plant will feature state-of-the-art manufacturing technology...
Gokongwei Group's Universal Robina Corporation (URC) continues to expand SONEDCO, its sugar mill in Kabankalan, Negros Occidental, even as it has evolved to become an integral part of the town’s legacy and the core of the local economy. For over 35 years, SONEDCO has grown from being just a...
Universal Robina Corporation (URC), the food and beverage arm of the Gokongwei Group, reported that three of its businesses in the Philippines, Vietnam and Indonesia have been certified as some of Asia’s best workplaces in 2023. “We’re truly honored to be among the best workplaces in...
The Gokongwei Group’s food and beverage unit Universal Robina Corporation (URC) has been named the Philippines’ most outstanding company in the consumer staples sector for the third year in a row by Asiamoney. This was the result of the Asia’s Outstanding Poll 2023 by Asiamoney, one of...
Universal Robina Corporation (URC), one of the Philippines’ largest food and beverage companies, is setting even more ambitious goals for its human resources, operations, products and processes. In a statement, URC said it is looking at reducing the amount of energy and water it uses to...
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...
Universal Robina Corporation (URC) reported a 15 percent improvement in net income to P11.6 billion last year, driven by growth in operating income, lower debt and interest expenses, and lower foreign exchange losses. In a disclosure to the Philippine Stock Exchange, the firm said its net sales for...
