Gokongwei-led Universal Robina Corp. (URC) reported on Friday that its net income increased to P8.1 billion in the first three quarters of 2020 amid the “severe challenges” posed by the coronavirus pandemic to its business.

In a disclosure, the listed food and beverage arm of JG Summit Holdings Inc. said the amount was a 12-percent improvement from P7.3 billion in the same period last year.

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