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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… ....

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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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Concepcion Industrial expands brand portfolio

CONCEPCION Industrial Corp. (CIC) is now the exclusive distributor of appliance brands Shark and Ninja in the Philippines after entering into a partnership with JS Global APAC Pte. Ltd., a member of JS Global Lifestyle, the parent firm of SharkNinja. ....

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BIZ BUZZ: Fermin back in the game

BIZ BUZZ: Fermin back in the game
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Concepcion Industrial gets new chief executive

AIR-CONDITIONING and refrigeration solutions provider Concepcion Industrial Corp. (CIC) said on Friday that its board of directors had approved the appointment of Isaias Ariel Fermin as the company s new chief executive officer (CEO) effective Jan. 1, 2024. ....

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