URC FY 6-month profits up 4.3% at P6.49B

Snack food and beverage firm Universal Robina Corp. (URC) showed a 4.3-percent increase in its net income for the first semester of its fiscal year ending September to P6.49 billion from P6.22 billion for the same the previous year.

URC said in a statement net sales during the six-month period went up 21.6 percent to P55.644 billion from P45.75 billion from the previous year, and its operating income also grew 26.3 percent to P8.85 billion from P7 billion for the same period last year.