Concreat Holdings Philippines, Inc.

Concreat Holdings Philippines, Inc.

PPSE:CHP
1.11
PHP
-0.01
(-0.89%)
Oct 30Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Herbert M. Consunji
Full Time Employees
641
Sector
Non-energy minerals
Industry
Construction materials
Address
Makati City Philippines
IPO Date
Jul 14, 2016
Business
Concreat Holdings Philippines, Inc., formerly known as CEMEX Holdings Philippines, Inc., is a Philippines-based investment holding company primarily engaged in the manufacture, marketing, distribution, and sale of cement, ready-mix concrete, clinker, and other building materials. The company operates through two core business segments: Cement and Other Building Materials. Its product and service portfolio comprises Type I ordinary Portland cement engineered for high-strength structural applications; Type IP blended Pozzolan cement tailored for general civil and residential construction; Type N masonry cement for plastering, masonry, and bricklaying; eco-efficient and low-carbon cement formulations; customized ready-mix concrete in diverse compressive strengths and slump profiles for commercial, industrial, and infrastructure developments; aggregates, crushed stone, and construction sand; and dry-mix mortar solutions. The company markets its products under recognized brand names including Rizal, Island, and APO, serving a broad customer base that includes commercial construction contractors, residential property developers, precast fabricators, government infrastructure agencies, and retail hardware dealers across Luzon, Visayas, and Mindanao. Concreat Holdings Philippines, Inc. manages its manufacturing activities through its primary operating subsidiaries, Solid Cement Corporation, which operates a cement manufacturing plant in Antipolo, Rizal, and APO Cement Corporation, which operates a plant in Naga City, Cebu, supported by a network of regional distribution centers, marine terminals, and logistics depots throughout the Philippine archipelago. The company was incorporated in 2015 and is headquartered in Taguig City, Metro Manila, Philippines. In major recent developments, the company transitioned ownership following the acquisition of CEMEX S.A.B. de C.V.'s controlling equity interest by a Philippine consortium comprising DMCI Holdings, Inc., Semirara Mining and Power Corporation, and Dacon Corporation. Following regulatory approvals and the completion of the mandatory tender offer, the company executed a comprehensive corporate rebranding to Concreat Holdings Philippines, Inc., strategically integrating its operations into DMCI's construction, power, and infrastructure value chain. Additionally, the company commissioned and ramped up operations at its expanded Solid Cement production facility in Rizal, adding 1.5 million metric tons of annual cement capacity to enhance operational efficiencies and meet long-term domestic construction demand.