URC Q1 core income slips 2% to P3.8B

MANILA, Philippines —  Universal Robina Corp. (URC) saw first quarter core net income decline 2 percent to P3.8 billion amid weaker commodities profits. In a disclosure on Thursday, the Golongwei-led firm said net income from continuing operations had likewise slipped 4 percent to P4.1 billion. Total operating income fell 2 percent to P5.4 billion as