FOOD Maker Universal Robina Corp. (URC) was listed by the Department of Trade and Industry (DTI) as the country’s largest exporter of packaged food and beverage goods.
In a tweet, the Gokongwei-led company reported that it was selected by DTI as the leading exporter of the said sector during the National Export Congress held on 3 December.
URC reported that recognition as a top exporter was focused on 2019 data from the Philippine Statistics Authority (PSA) showing the importance of its export transactions.
“The export transactions of the organization amounted to approximately 30 million that year,” URC said.
Brian M. Go, URC Vice President for Global Exports and Emerging Markets, said that amid the impact of the Coronavirus Disease Pandemic 2019 (COVID-19) on local and global trade, exporters are already moving ahead.
“This appreciation of our diligent work and commitment to our clients is highly meaningful considering the difficulties that companies and our country as a whole face as a consequence of the COVID-19 pandemic,” Mr. Go said.
URC ships its goods, such as Jack n’Jill chips, Nice Flavor Instant Coffee and C2 ready to drink tea, to 38 countries around the world through its Exports Division.
In 2019, the firm set up a Global Exports business unit responsible for the worldwide delivery of both URC Philippines and URC Foreign goods.
The said business unit merged the regional sales team of the URC and integrated the other export divisions into one multinational export team.
According to URC, the Multinational Export Market Unit ships to regions of North America, Europe, the Middle East, Africa and the Indian Ocean, North Asia and Oceania and the Pacific Islands. Its Philippine office also distributes its goods to URC affiliates in Singapore, Hong Kong and Malaysia.
URC reported a 6% rise in its attributable net profits to P1.97 billion in the third quarter owing to lower debt and higher operating revenue.