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...
Merbau Corporation, the renewable energy (RE) business unit of the Gokongwei-led JG Summit Holdings, Inc., has viably advanced to commercial operation its 13.811-megawatt peak (MWp) solar installation in Batangas City, a project touted as the biggest in the solar rooftop genre that has been...
Universal Robina Corporation’s (URC) net income grew six percent to P10.9 billion for the first nine months of 2023 from P9.7 billion in the said period last year due to higher foreign exchange gains and finance costs. In a disclosure to the Philippine Stock Exchange (PSE), URC's sales this...
Universal Robina Corporation’s (URC) subsidiary in Thailand won two more awards that reflect its position as one of that country’s top producers of quality food products. In a statement, URC said URC Thailand received the prestigious FDA Quality awards from the Ministry of Public Health after...
Universal Robina Corporation (URC) reported that its subsidiary URC Vietnam has been named as one of Vietnam’s top sustainable enterprises for the fourth consecutive year. In a statement, the Gokongwei food and beverage unit said URC Vietnam was among the TOP 100 Sustainable Development...
Universal Robina Corp. (URC) is venturing into the alcoholic beverages business by expanding into the spiked spirit category. In a statement, the firm said it is introducing a new product that is “set to disrupt the Philippine alcoholic beverages market.” 80718 “Chill Spiked Spirit will offer...
Universal Robina Corp. (URC), one of the Philippines’ largest food companies, is venturing into the P6.5 billion cultured milk category through a partnership with Asahi Beverages Philippines (ABP). In a statement, URC said they will be coming out with Goodday cultured milk drinks that addresses a...
Shopee Taal Aid The continued unrest of the Taal Volcano forced over 1,000 Filipino families to evacuate to nearby communities in Batangas last March. With Alert Level 3 still in place, these families continue to spend their days in evacuation centers across the region. As part of its commitment to...
Universal Robina Corp. (URC) , one of the country’s largest food and beverage firms, is making a big push this month towards its “net zero” goal in 2050 by sourcing its electricity needs from power producers that use renewable sources. In a statement, URC said it has signed an agreement with...
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....
