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CIC net income slips in 2025
Manila Bulletin
|January 30, 2026
Concepcion Industrial Corp. (CIC), a consumer appliances and enterprise solutions firm, recorded an 8.33-percent decline in consolidated net income to P1.1 billion last year from P1.2 billion in 2024 amid industry-wide challenges.
In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, Jan. 29, the company said that, including contributions from associate Concepcion Midea Inc., total group net sales rose 10 percent to 25.9 billion, while CIC’s consolidated net sales inched up three percent year-on-year to P18.5 billion.
Diese Geschichte stammt aus der January 30, 2026-Ausgabe von Manila Bulletin.
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