Universal Robina Corp - Company Profile
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Business Description
Universal Robina Corp (URC) is a manufacturer and distributor of branded consumer food and beverage products in the Philippines. The company’s product portfolio includes snack foods, beverages, coffee, meat, poultry, and ready-to-drink products.
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R&D Overview
URC's R&D arm focuses on developing new food products, enhances its existing products, research new processes and test new equipment to maintain and improve the quality of food products. The company has R&D facility in Metro Manila, the Philippines. It also has dedicated R&D team for agro-industrial business that explores advancements in breeding, feeds and farming technology. In FY2022, the company incurred expenses of PHP218 million on its R&D activities, which as a percentage of revenue, stood at 0.1%.
Business Segments
Overview
Operates through three divisions, such as agro-industrial group, flour division, and sugar and renewable division. Agro-industrial group is involved in hog and poultry farming, production and distribution of animal health products and manufacture and distribution of animal feeds, glucose and soya bean products. Flour division is involved in flour milling and pasta manufacturing; and sugar and renewable division is engaged in sugar milling and refining, and renewable energy development.
Performance
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Overview
Manufactures and distributes salty snacks, chocolates, candies, biscuits, packaged cakes, bakery products, beverages, instant noodles, and pasta. Also manufactures bi-axially oriented polypropylene (BOPP) files under packaging division.
Performance
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Geographical Segments
Target Markets
The Philippines
Performance
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Target Markets
Thailand, Malaysia, Indonesia, Vietnam, Myanmar, China, Hong Kong and Singapore.
Performance
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