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Air-cons, refs lift CIC income in Q1

Concepcion Industrial Corp. (CIC), a manufacturer of air-conditioners and refrigerators, said it recorded an income of P185.7 million in the first quarter, almost double from the previous year’s P93.22 million on higher sales volume. The company said its growth was driven by higher volume, largely attributed to improved retail presence…

CIC unaudited net up 86% to P667M | The Manila Times

CIC unaudited net up 86% to P667M | The Manila Times
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CIC earnings nearly triple in Q4

Concepcion Industrial Corp. (CIC), a company known for its refrigerators and air conditioners, said it had almost tripled its income to P177.9 million in the fourth quarter of 2023 due to better margins and “solid sales performance.” The company said it delivered consistent quarterly growth, with net sales for the…

Concepcion Industrial Q3 earnings hit P139M

LISTED Concepcion Industrial Corp. (CIC) saw its third-quarter (Q3) earnings quadruple to P139 million compared to the same period last year as net sales exceeded pre-pandemic levels.

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