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Topic: urc

URC acquires idle sugar milling equipment to expand capacity

URC acquires idle sugar milling equipment to expand capacity

ABS-CBN News
Posted 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 »

Universal Robina Corp posts P3.6-billion net income in Q1

Universal Robina Corp posts P3.6-billion net income in Q1

ABS-CBN News
Posted at May 05 04:51 PM

Universal Robina Corp said on Friday its net income in the first quarter of 2023 reached P3.6 billion, while sales grew 11 percent to P39.8 billion. Read more »

Indonesia's 'Most Trusted Company' hails from PH

Indonesia's 'Most Trusted Company' hails from PH

ABS-CBN News
Posted 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

URC launches spiked spirits product

ABS-CBN News
Posted 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

URC posts P6.5-B net income, record high sales in 1st half

ABS-CBN News
Posted 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

URC says paid P100k fine for death of worker

ABS-CBN News
Posted 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 up 20 pct in first quarter of 2022

URC net income up 20 pct in first quarter of 2022

ABS-CBN News
Posted at Apr 29 04:38 PM

Universal Robina Corp said its net income for the first quarter of 2022 reached P3.6 billion. Read more »

JG summit net income hit P5.1 billion in 2021

JG summit net income hit P5.1 billion in 2021

ABS-CBN News
Posted at Mar 30 02:02 PM

JG Summit Holdings Inc said on Wednesday its total net income reached P5.1 billion in 2021 as the company benefitted from looser mobility restrictions in the second half. Read more »

URC net income hits P24.3 billion in 2021

URC net income hits P24.3 billion in 2021

ABS-CBN News
Posted 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 taps renewable energy for Luzon facilities

URC taps renewable energy for Luzon facilities

ABS-CBN News
Posted at Feb 17 12:21 PM

Universal Robina Corp on Thursday said it signed deals to source renewable energy for its facilities in Luzon as part of its net zero goal by 2050. Read more »

URC installs solar panels as part of sustainability push

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

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

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

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

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

'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

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

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

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

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 »

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