Latest news for Universal Robina (OTC:UVRBF) Stock

Universal Robina Corp is a branded consumer food and beverage product company, originally from the Philippines. It is mainly present in the Association of Southeast Asian Nations, or ASEAN, markets, but the company also exports to markets in Japan, Korea, the U.S., Europe, the Middle East, and West Africa. URC's food-related businesses consist of manufacturing and distribution of branded consumer foods, commodities (mainly sugar and flour), milling of hogs and animal feed, and related products. URC's main regional brands are Jack 'n Jill, for snack foods; C2, for ready-to-drink tea; and Great Taste, for coffee. Its segment comprises Branded Consumer Food, Agro-Industrial Products and Commodity Food Products, and corporate Business.

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Universal Robina Posts 37% Surge In Profit

Universal Robina Corp

Universal Robina Corp (OTC: <a class="ticker" href="/stock/uvrbf#OTC">UVRBF</a>) reported a 37% rise in its net profit for the six months ended March 31. 

Universal Robina's net profit for the period climbed to PHP4.49 billion ($105 million), from PHP3.29 billion, in the year-earlier period. Its net sales gained 6.6% to PHP35.49 billion from PHP33.30 billion.

Universal Robina's operating income dropped 4.5% to PHP3.65 billion from PHP3.82 billion.

Universal Robina

Universal Robina Corp (OTC: <a class="ticker" href="/stock/uvrbf#OTC">UVRBF</a>) reported a 37% rise in its net profit for the six months ended March 31. 

Universal Robina's net profit for the period climbed to PHP4.49 billion ($105 million), from PHP3.29 billion, in the year-earlier period. Its net sales gained 6.6% to PHP35.49 billion from PHP33.30 billion.

Universal Robina's operating income dropped 4.5% to PHP3.65 billion from PHP3.82 billion.

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Wednesday, May 16, 2012

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