URC to exit China; posts slight earnings growth in H1

Snack food maker Universal Robina Corp. (URC) will make its exit from the China market by next year, with the Gokongwei-led firm planning to shift its focus on other Asian markets. URC currently operates its cereal and snacks businesses, such as Aces cereal and Jack ’n Jill potato chips, in China. “Manufacturing and selling have
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