Universal Robina’s Jan-Mar earnings went down 2%

MANILA, Philippines – Universal Robina Corp. (URC) saw its first-quarter core earnings slip by 2 percent as weaker sugar prices weighed on its commodities business despite strong growth from branded consumer foods. The Gokongwei-led food manufacturer said on Thursday that its core net income attributable to the parent settled at P3.8 billion in the January-to-March