Universal Robina seen posting modest growth

By Brix Lelis

Mar 29, 2024 12:10 am

UNIVERSAL Robina Corp. (URC) is expected to deliver a slight increase in earnings this year amid weak consumer sentiment that continues to dampen domestic business, Maybank Investment Banking Group said.

The Gokongwei-led food and beverage company is forecast to post a 7.6-percent growth in net income and a 13.7-percent rise in earnings before interest and taxes (EBIT), Maybank said in a recent report.

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