C06017-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Aug 4, 2023
2. SEC Identification Number
9170
3. BIR Tax Identification No.
000-400-016-000
4. Exact name of issuer as specified in its charter
UNIVERSAL ROBINA CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
8th Floor, Tera Tower, Bridgetowne, E. Rodriguez, Jr. Avenue (C5Road), Ugong Norte, Quezon City, Metro Manila Postal Code 1110
8. Issuer's telephone number, including area code
(632) 8633-7631 to 40
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 2,178,507,618
11. Indicate the item numbers reported herein
9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Universal Robina CorporationURC

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Press release entitled "URC SUSTAINS GROWTH AND MARGIN EXPANSION; Q2 2023 NET INCOME UP +18%"

Background/Description of the Disclosure

Universal Robina Corporation ("URC") posted sales of Php 78.6 billion for the first six months ending June 30, 2023, up 11% vs. the same period last year, and sustaining its growth momentum from 2022. All businesses continued to grow, signaling resilient consumer demand across the region.

Operating income for the first half improved faster than topline, increasing 16% vs. the same period last year to hit Php8.6 billion. Growth for the second quarter accelerated to 18%. Margins expanded versus last year despite generally higher commodity costs, as the company saw the full year impact of the necessary pricing moves executed in 2022. Net income was up 8% at Php 7.0 billion, with the second quarter recording an 18% increase, in line with operating income growth. Core net income was up 11% versus same period last year.

URC’s financial position remains strong, with a healthy cash balance of Php11.4 billion, net debt of Php8.6 billion and a low gearing ratio of 0.18.

Other Relevant Information

Please refer to attached press release.

This press release may contain forward looking statements with respect to the results of operations and business of URC. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual performance of URC to be different from any future performance implied.

Filed on behalf by:
Name Maria Celia Fernandez-Estavillo
Designation Corporate Secretary