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URC installs solar panels as part of sustainability push

ABS-CBN News
Posted at Jan 20 01:14 PM

Universal Robina Corp said on Thursday it has been installing solar panels in its facilities here and abroad as part of its sustainability push. Read more »

URC's Malaysian unit to acquire Crunchy Foods

ABS-CBN News
Updated 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 News
Posted 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 News
Posted 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 News
Posted 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 News
Updated 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 News
Posted 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 »

Competition watchdog clears URC's acquisition of sugar milling plants, land in Negros

ABS-CBN News
Posted at Sep 07 03:38 PM

The country’s antitrust watchdog said Monday it has cleared Universal Robina Corp’s acquisition of the assets of several companies in Negros Island. Read more »

JG Summit suffers H1 net loss, remains 'resilient' despite pandemic disruption

ABS-CBN News
Posted 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 »

URC roving mart brings food, household essentials to Metro Manila barangays

ABS-CBN News
Posted at Jul 30 06:55 PM

Universal Robina Corp on Thursday said it would bring its roving store to more communities to assist Filipinos during the coronavirus pandemic. Read more »

Gokongwei's URC eyes production of pharma grade alcohol in virus fight

ABS-CBN News
Posted 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 »

Universal Robina sales steady in first quarter, growth affected by COVID-19

ABS-CBN News
Posted at Apr 28 07:40 PM

URC said in the first three months of the year its net sales came in at P33.5 billion, while its operating income came in at P4 billion, both up slightly versus the same period last year.  Read more »

Gokongwei Foundation, URC produce face shields to aid COVID-19 fight

ABS-CBN News
Updated as of Apr 27 08:39 PM

The Gokongwei Brothers Foundation and Universal Robina Corp said Monday they started producing face shields using repurposed materials to help frontliners against the COVID-19 pandemic.  Read more »

JG Summit net income down on 'perfect storm' of fuel, peso

ABS-CBN News
Updated as of Apr 16 11:42 AM

The holding form of taipan John Gokongwei said Cebu Pacific, JG Summit Petrochemicals and Universal Robina were exposed to oil and foreign exchange shocks. Read more »

URC sees double-digit growth in flour business this 2019

Michelle Ong, ABS-CBN News
Updated as of Mar 25 02:25 PM

It recently inaugurated a P1-billion mill in Davao city, which houses URC’s flour and feed milling and Robina Farms, said president and CEO Irwin Lee. Read more »

Anti-trust body blocks merger of URC, Roxas Holdings' sugar mill

ABS-CBN News
Updated as of Feb 14 05:05 PM

MANILA -- The Philippine Competition Commission (PCC) on Thursday said it has blocked the merger between sugar millers Universal Robina Corp (URC) and Roxas Holdings Inc's (RHI) Central Azucarera Don Pedro Inc (CADPI), saying the deal would lead to a monopoly.  Read more »