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)

Mar 14, 2024

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	2,175,410,618

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
Background/Description of the Disclosure
Universal Robina Corporation’s (URC) sales for the year ended December 31, 2023 reached Php 158.4 billion, up 6% against a high base last year. Both the Branded Consumer Foods (BCF) and the Agro-Industrial & Commodities (AIC) businesses continued their momentum into the fourth quarter, growing sequentially versus the previous quarter. Operating income for the full year grew 14% vs. last year, more than double topline growth, to close at Php 17.4 billion. Operating margins continue to expand, hitting 11%, driven by the company’s strategic pricing moves and continued operational savings. Net income for the full year ended at Php 12.8 billion, down 12% vs. the same period last year, due to higher comparables from gain on land sale last year. URC’s core net income increased by 6% to Php 12.6 billion, driven by operating income growth but tempered by higher interest rates. URC’s financial position remains strong, with a healthy cash balance of Php12.2 billion, net debt of Php13.4 billion, and a gearing ratio of 0.23.
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.