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'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 »

JG Summit’s Q3 core net income down 19 percent

ABS-CBN News
Posted at Nov 09 04:09 PM

MANILA – JG Summit Holdings Inc. on Friday said its core net income in the third quarter reached P5.5 billion or 19 percent lower compared to the same period last year.  Read more »

Universal Robina takes full control of Hunt-Universal Robina Corp.

ABS-CBN News
Posted at Oct 01 04:02 PM

Universal Robina Corp. (URC) on Monday said it would acquire 50 percent of the outstanding shares of US-based ConAgra Grocery Products Company from their joint venture, Hunt-Universal Robina Corporation (HURC). Read more »

Anti-trust body says reviewing URC acquisition of Batangas sugar mill

ABS-CBN News
Posted at Aug 27 07:10 PM

The Philippines' antitrust watchdog said on Monday that it is still studying Universal Robina Corp's planned acquisition of a sugar milling company located in Batangas.  Read more »