Defining the News
Food manufacturer Universal Robina Corp. said Friday it is exiting the China market where it operates cereals and snacks businesses.
Net income from continuing operations grew 8 percent year-on-year to P7.6 billion on higher operating income, while core net income grew 5 percent to P 6.7 billion, with higher tax provisions offsetting operating income growth.Operating income growth outpaced topline, increasing by 10 percent versus the same period last year to end the first half at P9.4 billion.
Sales from branded consumer foods, excluding packaging and China, ended at P54.7 billion in the first half, up by 2 percent year-on-year.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Iloilo Airport set for major upgrades with P645-M allocationDefining the News
Baca lebih lajut »
LPG prices up in August by P0.30 per kiloDefining the News
Baca lebih lajut »
Cebu Pacific bullish on passenger targetDefining the News
Baca lebih lajut »
BDO launches new 24/7 hotlineDefining the News
Baca lebih lajut »
As Maduro asserts win: Venezuelans asked to ‘mobilize’Defining the News
Baca lebih lajut »
Iran holds funeral for Hamas leaderDefining the News
Baca lebih lajut »