Concepcion Industrial profit dips in 2025

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February 1, 2026 | 12:00am

MANILA, Philippines — Concepcion Industrial Corp. (CIC), a provider of consumer lifestyle and enterprise solutions, finished 2025 with a slight dip in earnings despite higher sales amid industry-wide challenges.

CIC, in a stock exchange filing, said its consolidated earnings amounted to P1.1 billion last year, down by 8.3 percent from P1.2 billion in 2024.

Net sales, however, improved by three percent year-on-year to P18.5 billion.

Including contributions from its associate company, Concepcion Midea Inc., total group net sales for the full year rose by 10 percent to P25.9 billion.

For the fourth quarter, CIC’s net sales reached P4.6 billion, up by three percent year-on-year, while consolidated earnings amounted to P196 million during the period.

CIC chief finance officer Rajan Komarasu said the company’s performance in the fourth quarter reflects the resilience of its diversified portfolio and provides a solid foundation moving into 2026.

Komarasu said CIC’s teams continued to deliver dependable results through focused operational management despite a dynamic operating environment.

“While 2025 presented industry-wide challenges, CIC demonstrated resilience through disciplined execution and a steadfast focus on our priorities,” CIC chief executive officer Ariel Fermin said.