The Gokongwei group’s food unit Universal Robina Corporation (URC) posted double-digit growth in its net income in the past year, as the company saw record sales during the period.
The Gokongwei group’s food unit Universal Robina Corporation posted double-digit growth in its net income in the past year, as the company saw record sales during the period.
Sales for the fourth quarter of the year rose by 35%, bringing the full-year figure up by 28% to P149.9 billion versus the comparable period in 2021. “The structural work we have done over the last few years has allowed us to capitalize on the growth opportunities from the reopening of the economy in 2022,” URC president and CEO Irwin Lee said.
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