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TABLE-Manila's URC 2007-2008 net profit falls 94 pct

Thu Jan 15, 2009 2:40am EST

Stocks

   
 MANILA, Jan 15 (Reuters) - Full year ending Sept. 30, 2008.
                         (in billion pesos unless stated)
 Net income                       0.341   vs  5.50
 Core earnings before tax           3.5   vs  3.24
 Net sales                         45.46  vs  37.72
 Note: Universal Robina Corp (URC.PS), the food arm of
Philippine conglomerate JG Summit Holdings Corp (JGS.PS), makes
snacks, sweets, noodles and juices. The company said the sharp
drop in its net income was due to the absence of non-recurring
gains and mark-to-market losses in its bond holdings.
(Reporting by Rosemarie Francisco)




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