Finance costs pare URC profits by 21%

Operating income declined 7.4 percent to P10.8 billion, while core earnings before tax was at P9.7 billion, lower by 13.3 percent year-on-year.

long-term debt interest expense from the loan used for SBA’s [Snack continued heavy investments in advertising and promotions and distri to the Philippine Stock Exchange on Tuesday.

Net sales increased 13.1 percent to P92.4 billion backed by the strong performance of its snacking and joint ventures in Branded Consumer Foods (BCF) Philippines and Thailand, farms, and the incremental sales coming from Snack Brands Australia.

- ny faced a decline in volumes and a change in mix particularly on the coffee category of BCF Philippines, a slower than expected recovery

Earnings before interest, tax, depreciation, and amortization remained robust at P15.3 billion.

capital expenditures, dividend payments and working capital which amounted to P5.4 billion, P7.2 billion and P3.1 billion, respectively.

South Korea, Middle East, Southeast Asia and West Africa.