Universal Robina Corp. (URC), the Gokongwei Group’s food and beverage unit, reported a three percent dip in core net income to ₱12.2 billion last year due to lower earnings from its sugar and renewables business (SURE). In a disclosure to the Philippine Stock Exchange, the firm said sales...
Universal Robina Corporation (URC) and the Department of Agriculture (DA) have agreed to continue a potato farming program that has significantly enhanced overall farm productivity in the Philippines. “Since its inception, this program has exemplified the power of public-private partnerships in...
Universal Robina Corporation (URC), the food and beverage unit of the Gokongwei Group, reported that its core net income improved by five percent year-on-year to P6.7 billion in the first half of the year as higher tax provisions offset its operating income growth. In a disclosure to the Philippine...
Universal Robina Corporation (URC), the food and beverage unit of the Gokongwei Group, reported a 21 percent growth in net income to P4.4 billion in the first quarter of 2024 versus the same period last year due to higher operating income coupled with higher forex gains. In a disclosure to...
Universal Robina Corporation (URC), the Gokongwei Group’s food and beverage manufacturer, reported a 12 percent decline in net income to P12.8 billion last year due to higher earnings from gain on land sale in 2022 while core profit actually increased. In a disclosure to the Philippine...
Universal Robina Corp. (URC), the food and beverage unit of the Gokongwei Group, has been named as one of the Philippines’ best-managed companies in a survey of hundreds of investors, brokers and analysts across Southeast Asia. The company was cited for its “strongest adherence to corporate...
Universal Robina Corporation (URC), the food and beverage unit of the Gokongwei Group, reported a 24 percent drop in net income to P6.5 billion for the first half of 2022 from P8.5 billion in the same period last year due to gains from the sale of assets in 2021. In a disclosure to the Philippine...
Universal Robina Corporation, the food and beverage unit of the Gokongwei Group, reported a 15.7 percent growth in attributable net income to P3.47 billion in the first quarter of 2022 from the P3.01 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
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,...
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 Corporation is selling its controlling stake in Australian joint venture firm Unisnack ANZ to minority partner Intersnack Group, one of the leading manufacturers of savoury snacks in Europe. Unisnack ANZ is a leading snacks and biscuits company based in Australia and New Zealand....