URC nets P11B in January-September

By Faye Almazan

Nov 03, 2021 12:28 am

GOKONGWEI-LED Universal Robina Corp. (URC) on Tuesday reported a 38-percent higher net income of P11.2 billion in the first three quarters of the year.

The food and beverage manufacturer, in a disclosure, attributed its double-digit improvement to benefits from the Comprehensive Recovery and Tax Incentives for Enterprises (Create) Act and its gain from the sale of idle land.

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