URC acquires idle sugar milling equipment to expand capacity ABS-CBN NewsPosted at May 30 03:18 PM Universal Robina Corp said on Tuesday it would acquire the idle sugar milling machinery and equipment of Central Azucarera Don Pedro Inc (CADPI). Read more »
JG Summit books P4.4 billion net income in Q1 ABS-CBN NewsPosted at May 08 05:27 PM JG Summit Holdings said its core net income hit P4.4 billion in the first quarter as its airline, property and food units all registered strong results. Read more »
Indonesia's 'Most Trusted Company' hails from PH ABS-CBN NewsPosted at Aug 30 03:48 PM Indonesia's "Most Trusted Company" is a subsidiary of the Philippines' Universal Robina Corp, the Gokongwei-led firm said on Tuesday. Read more »
URC launches spiked spirits product ABS-CBN NewsPosted at Aug 23 02:05 PM URC said the new alcoholic drink targets young consumers of legal drinking age, who want to unwind after a long day "without going over the top." Read more »
URC posts P6.5-B net income, record high sales in 1st half ABS-CBN NewsPosted at Jul 29 04:09 PM Universal Robina Corp on Friday said its net income for the first half reached P6.5 billion, which is lower than the same period in 2021 due to the gains in sale of idle assets last year. Read more »
URC says paid P100k fine for death of worker ABS-CBN NewsPosted at Jun 14 12:56 PM Universal Robina Corp on Tuesday said i thas paid a P100,000 fine imposed by the Labor Department after a worker died in its Cebu Plant. Read more »
URC net income hits P24.3 billion in 2021 ABS-CBN NewsPosted at Mar 07 10:36 AM Universal Robina Corp on Monday said it posted a net income of P24.3 billion in 2021 mainly driven by the gain from the sale of its Oceania business. Read more »
URC's Malaysian unit to acquire Crunchy Foods ABS-CBN NewsUpdated as of Nov 26 01:44 PM Universal Robina Corp said Friday its unit would acquire Crunchy Foods Sdn Bhd, the company that owns Munchy Food Industries, for P22.9 billion. Read more »
URC's Jan to Sept net income up 38 percent to P11.2 billion ABS-CBN NewsPosted at Nov 02 09:58 AM Universal Robina Corp on Tuesday said its net income rose 38 percent to P11.2 billion from January to September 2021 compared to the same period last year. Read more »
URC says net income up 15 pct in 2020, remains 'relevant' in new normal ABS-CBN NewsPosted at Mar 02 09:40 AM Universal Robina Corp on Tuesday said its net income grew 15 percent in 2020 to P11.6 billion despite the impact of the COVID-19 pandemic. Read more »
Asset sale slashed debt in half, ‘derisked’ business: Roxas Holdings ABS-CBN NewsPosted at Dec 18 09:38 AM The sale of Roxas group's assets was able to pay off half of its debt in a move to derisk its business, it said on Thursday. Read more »
'Chippy' maker URC diversifies into rubbing alcohol production to aid in pandemic fight ABS-CBN NewsUpdated as of Nov 24 07:24 PM Consumer snacks and beverage firm Universal Robina Corp (URC) is introducing two pharmaceutical grade rubbing alcohol brands to support the country's fight against COVID-19, it said on Tuesday. Read more »
URC posts higher Jan-Sept net income despite pandemic disruptions ABS-CBN NewsPosted at Oct 23 10:09 AM Universal Robina Corp said Friday its net income rose 12 percent for the January to September period on the back of higher operating income, lower debt and interest as well as lower foreign exchange losses. Read more »
Roxas Holdings completes sale of sugar milling plant, other assets to URC ABS-CBN NewsPosted at Oct 01 12:30 PM Roxas Holdings Inc said Thursday it has completed its deal to sell assets to Universal Robina Corp. Read more »
JG Summit suffers H1 net loss, remains 'resilient' despite pandemic disruption ABS-CBN NewsPosted at Aug 14 12:08 PM JG Summit Holdings Inc said Friday it posted a net loss in the first half of the year, as it remained “resilient” due to its diversified portfolio that cushioned losses due to the impact of COVID-19. Read more »
Gokongwei's URC eyes production of pharma grade alcohol in virus fight ABS-CBN NewsPosted at Jul 20 10:50 AM Consumer snacks and beverage giant Universal Robina Corp (URC) on Monday said, it is eyeing the production of pharmaceutical grade rubbing alcohol to aid in the fight against the coronavirus. Read more »