Universal Robina Corporation - updates

Rappler's latest stories on Universal Robina Corporation

ARTICLE FINDER

URC ties up with European snack maker to boost Oceania operations

Jul 08, 2019 - 1:25 PM

Universal Robina Corporation says its partnership with Intersnack Group will set the groundwork for larger and more efficient operations in the Oceania region

OVERSEAS EXPANSION. In a bid to increase its footprint in Oceania, URC partners with Intersnack Group to improve its operations.

Universal Robina posts 3% net income increase in Q1 2019

May 02, 2019 - 4:50 PM

Universal Robina Corporation recovers from a year ago, with almost all divisions posting growth in sales during the 1st quarter of 2019

RHI Group to continue Nasugbu operations after antitrust body junks merger

Feb 15, 2019 - 2:51 PM

(UPDATED) RHI Group still believes that the consolidation of the sugar mills will improve the efficiency of operations in Batangas

SUGAR MILL. An aerial view of the Central Azucarera Don Pedro. Photo from the Roxas Holdings, Inc website

URC net income slides further in Q1 2018

Apr 30, 2018 - 7:00 PM

The food manufacturing giant reports a net income of P3 billion in the 1st quarter of 2018, down 12%, as a weaker peso, inflation, and competition take a toll on domestic sales

Universal Robina spending P8 billion in 2018

Apr 16, 2018 - 4:40 PM

Universal Robina Corporation earmarks a slightly lower capital spending budget this year, versus the actual spending of P8.13 billion in 2017

JG Summit's core profits dip slightly in 2017

Apr 13, 2018 - 6:35 PM

Its earnings from its petrochemicals unit are offset by losses from URC and Cebu Pacific

URC eyes sugar tax, Vietnam rebound as keys to lift sagging growth

Nov 27, 2017 - 9:45 PM

'We're in the right categories, primarily snacks and healthier products... that will resonate with the market especially as sugar taxes are imposed,' says URC president Lance Gokongwei

John Gokongwei proves family-run conglomerates work

Nov 27, 2017 - 8:40 PM

The JG Summit founder says the conglomerate has maintained its core values and long-term vision even as it went public and reached out to global markets

FAMILY MATTERS. John Gokongwei Jr (center) poses with his family after receiving MAP's Management Man of the year for 2017 in a ceremony held on November 27 in Taguig City. Photo by Alecs Ongcal/Rappler

URC net income drops by 21.2% in 1st 9 months of 2017

Nov 07, 2017 - 7:15 PM

Despite stronger sales, the food manufacturer records lower net income of P8.408 billion due to weak profitability, lower forex gains, and lower market valuation gain on financial assets

NBI nabs suspect in Metrobank P900-M fraud case

Jul 21, 2017 - 3:42 PM

UPDATED The National Bureau of Investigation says the suspect bank officer Maria Victoria Lopez has refused to cooperate in the investigation

BANK FRAUD. Bank officer Maria Victoria Lopez uses a scarf to hide her face at an NBI news briefing on the Metrobank internal fraud case on July 21 2017. Photo by Inoue Jaena/Rappler

20 Philippine companies in Nikkei's top 300 Asian firms list

Jun 18, 2017 - 11:10 PM

SM Prime and Universal Robina make it to the top 30 while Bloomberry – the owner of Solaire Resort and Casino – joins the list for the first time

ASIA'S BEST. SM Prime Holdings Incorporated and Universal Robina Corporation made it to the top 30 of Nikkei's Asia300

Po family buys Hunt's license from Gokongweis

May 02, 2017 - 5:30 PM

While the Gokongwei group s Universal Robina focuses on its main brands Po family led Century Pacific forays into branded categories outside its core segments of marine meat and milk

CHANGING TASTES. Century Pacific is acquiring Hunt's license from the joint venture between Gokongwei-led Universal Robina and ConAgra Foods, North America's giant packaged food company. Image of Hunt's Pork & Beans from Hunt's official website

12 ASEAN brands that have gone global

Apr 24, 2017 - 10:00 AM

Some familiar brands in the Southeast Asian region are making their mark around the world

GOING GLOBAL. Take a look at some the regional brands that now have a global presence.

URC, Hong Kong-based Vitasoy to bring plant-based drinks to PH

Feb 16, 2017 - 7:35 PM

Vitasoy makes its plant based products in Hong Kong China Australia and Singapore and sells to more than 40 markets globally

URC spending P7.2 billion for expansion in 2017

Jan 16, 2017 - 6:20 PM

It will construct a factory building in Malaysia a candy plant in Thailand a biscuit line in Indonesia bottle making equipment in Vietnam and a mega warehouse in the Philippines

SET FOR EXPANSION. URC is earmarking a little lower than what it spent last year, allocating most of its budget for overseas expansion

Gokongwei's JG Summit sees income jump almost 50%

Nov 15, 2016 - 4:23 PM

The increase is due to the double digit income growth in its airline business which benefited from the drop in fuel prices and the performance of its petrochemicals business

ALMOST 50%. INCHING UP. The increase in its net income is due to the growth in airline and petrochemical revenues. In the photo are John Gokongwei Jr. (right) and son Lance (left). File photo

Universal Robina buys Snack Brands Australia for AU$600M

Aug 17, 2016 - 3:30 PM

Universal Robina Corporation is taking over Snack Brands Australia – the maker of salty chip snacks such as CC s Thins Kettles Cheezels and Samboy

EAT UP. The acquisition deal gives URC a strong Western snack manufacturer to incorporate into its vast Asian distribution network

JG Summit founder sells $250M worth of shares

May 26, 2016 - 6:10 PM

Sale of Gokongwei s JG Summit shares are for estate planning purposes

SHARE SALE. After the transaction, Gokongwei, who sits as chairman emeritus of JG Summit, still has 58 million direct shares in the conglomerate. Photo by Jake Verzosa

JG Summit net income rises to P22.61B in 2015

Apr 13, 2016 - 7:15 AM

Firms under the Gokongwei led conglomerate see higher revenues led by the JG Summit Petrochemicals Group Robinsons Land URC and Cebu Pacific Air

JG Summit's net income inches up in first semester

Aug 15, 2015 - 5:22 PM

The conglomerate of the Gokongwei family says it saw its net income climb to P13 43 billion 290 85 million in the first half of the year – only a 4 4 increase from the same period last year

Nescafé still PH's most chosen brand

Jun 27, 2015 - 11:30 AM

Check here the list of 10 fastest moving consumer goods brands in the Philippines

FAST MOVING. Ready-to-eat and -drink Great Taste, Nescafe and Lucky Me are among the top 10 brands Filipino consumers patronized last year. Cup of coffee and noodles photos from Shutterstock

Nissin Foods raises stake in Universal Robina venture

Dec 02, 2014 - 8:45 PM

Japan’s leading instant food manufacturer will hike its share in its joint venture with Universal Robina to 49 to consolidate its noodle business in the Philippines

One-time gains, Meralco boost JG Summit’s H1 earnings

Aug 14, 2014 - 11:54 AM

The Gokongwei led holding firm says its major subsidiaries also performed strongly during the period

PHILIPPINES, Manila : Cebu Pacific chief executive Lance Gokongwei speaks during a press conference in Manila on June 16. AFP PHOTO / NOEL CELIS

Universal Robina buys NZ snack food maker Griffin's

Jul 21, 2014 - 6:13 PM

The acquisition will boost URC s snack portfolio as it expands further in Asia Australia and New Zealand

Gokongwei-led JG Summit spending less this year

Mar 03, 2014 - 8:11 AM

The conglomerate allots P40B for expansion in 2014 bulk of which will go to its property and food manufacturing businesses

Cebu Pacific chief executive Lance Gokongwei speaks during a press conference in Manila on June 16. AFP PHOTO / NOEL CELIS

Gokongwei-led URC plans Myanmar venture

Apr 18, 2013 - 8:06 PM

Gokongwei s food and beverage arm Universal Robina Corp has plans to invest in manufacturing and export business in Myanmar over the next two years

TWO GENERATIONS. Father and son John Jr (right) and Lance (left) Gokongwei address the stockholders of food firm Universal Robina Corp. in an annual meeting on April 18. Photo by Aya Lowe