Lance Y. Gokongwei , Director ,President and Chief Executive Office of Universal Robina Corporation banking on the growth of the company on the Branded Consumer Foods (BCF), capitalizing on the demographic sweet spot dividends of the entire population of the Philippines , Vietnam, Thailand , Indonesia , Malaysia , Singapore , China /Hongkong, New Zealand /Australia and Myanmar ( 2015)-make the URC a formidable leader in the consumer goods. Though the company the carries Non-Branded Consumer Foods ( Non -BCF Agro Commodities ) -Commodity food products like Sugar and Flour, its also known as supplier of Agro-Industrial products like Farms and Feeds.
In the Philippines, the company known for its snack foods, beverage , groceries items, and others (mini stop) . The company is catering on the "go",millenials . The urban lifestyles ,fast changing "on the go", attitudes of the people is captured by the company.
Stragetically categorized for Indulgence, Authencity , Health , Nutrition and Wellness the company is pose to be the top of the game.
To attest , the company posted a remarkable growth in the first half of the year 2015, net sales growth of 20 percent compared to 2014, translated into 22.5 trillion.
This is partly due to the corporate brave joint venture strategy. The URC is able to gain a foot prints in New Zealand known for its International Quality Standards hoping that culture could be incorporated in the mainstream URC-Philippines. Products like New Zealand Oatbar wouldn be now available in the Philippines with the touch of URC. New Ventures in Japan , to upgrade the quality of the Nissan Noodles , that Filipino is accustomed for. Hence , the URC, clinched a joint venture with France, Blue beverage brand, known to be stringent in food styling , standards and good taste.
How would the price oil differential would affect in the logistic delivery of the consumer products in the bottomline of then company like URC?
Mr. Romeo G. David trustee of then Shareholders Association of the Philippines ,the association that promotes fairness, accountability , independence, transparency ,honor in the total capital markets landscape in the Philippines, replied
" though the Gulf Oil Producing strategically mark down the oil price its after effect could only be felt in the net oil importer like Philippines in at least three years time, since each company is in the process of recovering its current obligations , so the net gains we experience (short live) for oil price differentials is good enough to offset the losses that we have incur since five years ago. In short, todays oil price gains is just an offset of previous years oil price losses(paper losses) that each company have had experienced".
To solve the energy and transportation cost , that the URC have been incurring its strategically invested into Renewable Energy, enough for its own consumption for now. But eventually it would supply extra energy to the main grid lines once the second Renewable Energy Plant , that would be opening this coming month June 2015.
For now the URC, has an operating 16 megawatts Renewable Energy plant from the molasses (sugar cane misfits), ,this is in National Government response for its Republic Act 9513, "priority connection into grid". Moreover , the URC in compliance with the National agenda of blending fossils oil with bio gas , the company is venturing bio gas productions using sugar cane molasses , sugar plant residue . The bio gas plant started producing bio gas since November 11, 2014 . This is all with the company corporate social responsibility to take good care with the environment and helps the company to be more green at all. This mandate is due with the government calling for company major fossil oil users to at least mitigate climate change , by abiding the government Republic Act 9367 which promulgates for the bio ethanol blending with fossil fuel oils.
With this , the company is expecting for a considerable tax allowable deductions for adopting universal United Nations calling , to mitigate climate change by adopting clean eco energy . Mr. Wilfrido E. Sanchez, Tax Counsel and the newly elected board of Director of the Universal Robina Company, must know this issue.
As the attorney said to me" do you know that I am a Laywer ", and I replied , " Yes Sir", you are indeed a lawyer.
Henry Estipona
King Financial
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