URC named most outstanding consumer staples firm in PH for 3rd year in row

(Press Release)

One of Asia’s leading financial publications, Asiamoney, has, for a third year in a row, named Universal Robina Corp. (URC) as the Philippines’ most outstanding company in the consumer staples sector in its Asia’s Outstanding Poll 2023.

Asiamoney handed the award to URC, one of the Philippines’ largest food manufacturers, after an exhaustive survey of the region’s top capital movers and financial experts. URC president and CEO Irwin Lee said clinching the award three times in a row “serves as a validation of the quality of our product and a testament to the unyielding trust and confidence that our valued customers have in us.”

“It is also a recognition of the remarkable dedication shown by our workforce and a reaffirmation of the overall excellence that defines our company,” he added. Asiamoney is a top source of news, commentaries, and data services for international capital markets.

The  2023 Asia’s Outstanding Company Poll covered over 1,225 fund managers, analysts, bankers, and ratings agencies. In total, 7,653 votes were received for publicly listed companies across 13 markets in Asia. The results recognized 194 companies as being the most outstanding in their respective sectors and markets.

The poll was designed to acknowledge listed firms that have excelled in areas such as financial performance, management team excellence, investor relations, and corporate social responsibility.

Lee thanked the diverse group of fund managers, analysts, bankers, and ratings agencies who participated in the voting. “We are also grateful to all our stakeholders – employees, suppliers, customers, and consumers – whose unwavering support and dedication have been instrumental in our resilience during the recent challenging years,” he added.

Lee said the latest award reinforces URC’s commitment to becoming the “foremost sustainable food and beverage enterprise from the Philippines, that delights consumers around the world with good food choices.”

URC produces iconic brands such as Great Taste, C2 Cool & Clean, Piattos, Maxx candy, and Cream-O cookies, which have been part of Filipinos’ lives for decades. One of the country’s largest food and beverage manufacturers, URC also has a significant, and growing, presence in ASEAN. Its leading regional brands include Fun-O, Tivoli, and Lexus.