Concepcion Industrial Corp.
PPSE:CIC10.70
PHP
-0.34
(-3.08%)
ISIN
PHY1694P1067
CUSIP
Y1694P106
Return %
Stock
S&P 500
1Y
-20.74
14.20
3Y
-29.79
81.12
5Y
-51.36
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Isaias Ariel P. Fermin
- Full Time Employees
- 1,468
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Makati Philippines
- IPO Date
- Nov 27, 2013
- Website
- concepcion.ph
- Similar Companies
- Business
- Concepcion Industrial Corporation (PSE: CIC) is a Philippines-based supplier and manufacturer of consumer lifestyle appliances and enterprise building solutions. Founded in 1962 and headquartered in Muntinlupa City, Philippines, the company operates primarily through two core segments: Consumer Solutions and Commercial Building Solutions. Its product and service portfolio comprises residential, commercial, and industrial air conditioning systems, including window-type, single and multi-split systems, variable refrigerant flow (VRF) units, air-handling units, and chillers marketed under the Carrier, Condura, and Toshiba brands; domestic and commercial refrigeration equipment, including single-door, two-door no-frost refrigerators, chest freezers, and beverage coolers under the Condura and Kelvinator brands; laundry and kitchen appliances, including washing machines, dryers, cooking ranges, microwave ovens, and small domestic appliances distributed through Concepcion Midea Inc. as well as partnerships for Shark and Ninja appliances; water filtration and heating solutions; vertical transportation systems, including elevators, escalators, and moving walkways supplied through Concepcion Otis Philippines, Inc.; and comprehensive building management systems, mechanical contracting, HVAC maintenance, energy auditing, and aftermarket spare parts services. The company serves residential, commercial, industrial, and institutional end-users across the Philippines through a nationwide retail dealer network, modern trade channels, business-to-business partnerships, and digital commerce platforms. In recent developments, Concepcion Industrial Corporation has expanded its consumer portfolio by introducing SharkNinja home appliances to the Philippine market and integrating smart home and Internet of Things (IoT) technologies across its climate control lines via its technology subsidiary, Cortex Technologies. Concurrently, the company has broadened its commercial operations to deliver sustainable building solutions, expanding high-efficiency HVAC retrofits, renewable energy and energy-as-a-service business models, and specialized cold chain refrigeration solutions to meet rising demand across the logistics, food retail, and healthcare sectors.