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URC’s 1H 2021 cash from operations down as 24.5B debts becomes due

Universal Robina Corporation (URC) earned 8.5 billion Pesos at the end of 1H 2021. That net income is 2.5 billion more than that of the same period last year. URC’s bottom line may have improved but the cash from operating activities was down 5 billion Pesos to just 4.3 billion Pesos. The decrease in cashContinue reading “URC’s 1H 2021 cash from operations down as 24.5B debts becomes due”

Universal Robina (URC) 9M20 results revealed its strength and acquisition capacity for growth

Universal Robina Corporation (URC) earned 8.1 Billion Pesos for the nine months ending September 30, 2020.  That is an increase of 12% from the same period last year.  URC was able to reduce the input costs of its product by around 1 Billion Pesos.  The cost savings translated to a higher net income for URCContinue reading “Universal Robina (URC) 9M20 results revealed its strength and acquisition capacity for growth”