Building Strong Partnerships
Building Strong Partnerships
CIC’s Investor Relations (CIC IR) embarks on bringing the CIC story to its stakeholders. CIC IR ensures transparent and timely disclosures on all relevant and material information about the Company.It engages with and addresses various information requirements of the investing public through various channels:
Financial Highlights
- +7%
- -7%
- +33%
- +27%
Net Sales (Millions) & Gross Margin
(Unaudited)
- -76%
- +204%
- +99%
- +55%
Profit After Tax (millions)
(Unaudited)
- -136%
- +352%
- +94%
- +72%
Profit After Tax After Minority Interest (millions)
(Unaudited)
CIC Q1 2025 RESULTS
Concepcion started the year strong, reporting a 55% increase in consolidated earnings to Php 287.4 million for the first quarter. The solid performance was underpinned by robust sales growth, disciplined cost management, and higher equity earnings from associate, Concepcion Midea Inc. (CMI).
CIC posted consolidated net sales of Php 4.8 billion, a 27% increase from the same period last year. Including contributions from CMI, total group sales rose 30% to Php 6.5 billion.
The consumer segment generated Php 3.5 billion in sales, reflecting 23% growth across all product categories. This was driven by improved store presence, effective sales initiatives, and competitively priced product offerings.
Meanwhile, the commercial segment delivered Php 1.3 billion in sales, up 38% year-over-year, supported by strong performance in HVAC equipment alongside continued growth in elevator and escalator installations and services.
| In Millions php (Unaudited) |
1Q25 | 1Q24 | % Change |
|---|---|---|---|
|
Net Sales |
4,848 |
3,832 |
27% |
|
Gross Profit GP Margin |
1,510 31.2% |
1,314 34.3% |
15% 3.1 pts |
|
OpEX % of Sales |
-1,225 -25.3% |
-1,120 -29.2% |
-9% 4.0 pts |
|
Profit Before Tax PBT (%) |
379 7.8% |
246 6.4% |
54% 1.4 pts |
|
Profit After Tax PAT (%) |
287 5.9% |
186 4.8% |
55% 1.1 pts |
|
Net Income Attributable to Shareholders |
179 |
104 |
72% |
|
Financial Position |
31-Mar-25 |
31-Dec-24 |
|
|
Consolidated Cash Balance |
1,756 |
2,399 |
-26.8% |
|
Total Assets |
14,715 |
13,431 |
9.6% |
|
Total Liabilities |
7,752 |
5,972 |
29.8% |
| In Millions php (Unaudited) |
|---|
|
Net Sales 1Q25 4,848 1Q24 3,832 % Change 27% |
|
Gross Profit GP Margin 1Q25 1,510 31.2% 1Q24 1,314 34.3% % Change 15% 3.1 pts |
|
OpEX % of Sales 1Q25 -1,225 -25.3% 1Q24 -1,120 -29.2% % Change -9% 4.0 pts |
|
Profit Before Tax PBT (%) 1Q25 379 7.8% 1Q24 246 6.4% % Change 54% 1.4 pts |
|
Profit After Tax PAT (%) 1Q25 287 5.9% 1Q24 186 4.8% % Change 55% 1.1 pts |
|
Net Income Attributable to Shareholders 1Q25 179 1Q24 104 % Change 72% |
|
Financial Position 1Q25 31-Mar-25 1Q24 31-Dec-24 % Change |
|
Consolidated Cash Balance 1Q25 1,756 1Q24 2,399 % Change -26.8% |
|
Total Assets 1Q25 14,715 1Q24 13,431 % Change 9.6% |
|
Total Liabilities 1Q25 7,752 1Q24 5,972 % Change 29.8% |
Top Stockholders
| Name of Stockholders | Number of Shares Held | Percentage of Shared Held |
|---|---|---|
| Name of Stockholders |
|---|
|
Number of Shares Held
Percentage of Shares Held
|
Shareholder Services and Assistance
For inquiries regarding dividend payments, change of address and account status, lost or damaged stock certificates, please contact our stock transfer agent:
STOCK TRANSFER SERVICE, INC.
(through Ms. Maricor P. Biag)
Unit D 34th Floor, Rufino Plaza, Ayala Avenue, Makati City
Tel #: 5310-1343
I want to sell my shares. How do I go about this?
The stockholder may transact through their broker or any other active broker members of Philippine Stock Exchange.
What is the market price of my shares of stocks?
For the latest closing price of CIC stocks, please refer to the “Stock Information” section under Investor Relations of this website or through CIC’s PSE EDGE page.
Where can I find copies of Company Reports and Policies?
For the latest Company Reports, please refer to the “Disclosures” section under Investor Relations of this website and “Reports, Policies, and Other Materials” section under Corporate Governance of this website, or through CIC’s PSE EDGE page.
When is CIC’s Annual Stockholders’ Meeting?
CIC holds its Annual Stockholders’ Meeting every third Wednesday of July. You may regularly check the “Disclosures” section under Investor Relations of this website for the Notice of Stockholders’ Meeting for the details, such as specific date for the current year, record date, venue and other instructions.
How can I inquire about other investor relations matters?
You may send an e-mail on your concern through investorrelations@cic.ph.
For inquiries regarding dividend payments, change of address and account status, lost or damaged stock certificates, please contact our stock transfer agent:
STOCK TRANSFER SERVICE, INC.
(through Ms. Maricor P. Biag)
Unit D 34th Floor, Rufino Plaza, Ayala Avenue, Makati City
Tel #: 5310-1343
I want to sell my shares. How do I go about this?
The stockholder may transact through their broker or any other active broker members of Philippine Stock Exchange.
What is the market price of my shares of stocks?
For the latest closing price of CIC stocks, please refer to the “Stock Information” section under Investor Relations of this website or through CIC’s PSE EDGE page.
Where can I find copies of Company Reports and Policies?
For the latest Company Reports, please refer to the “Disclosures” section under Investor Relations of this website and “Reports, Policies, and Other Materials” section under Corporate Governance of this website, or through CIC’s PSE EDGE page.
When is CIC’s Annual Stockholders’ Meeting?
CIC holds its Annual Stockholders’ Meeting every third Wednesday of July. You may regularly check the “Disclosures” section under Investor Relations of this website for the Notice of Stockholders’ Meeting for the details, such as specific date for the current year, record date, venue and other instructions.
How can I inquire about other investor relations matters?
You may send an e-mail on your concern through investorrelations@cic.ph.
Our Commitment to Shareholders
CIC IR understands the significance of consistent communication with its shareholders, investors, and stakeholders. One of the communication methods utilized by CIC is the Annual Stockholders’ Meeting, which offers shareholders the opportunity to ask questions and gain insights into the company’s performance and future business strategies.
2022 Annual Report
In 2022, Concepcion Industrial Corporation (CIC) achieved promising results, aligned with our commitment to bringing happy spaces to life. We prioritized business recovery, adapting to the new normal, and enhancing our culture and capabilities. Despite significant progress, challenges like escalating costs and adverse foreign exchange rates persisted, making for a demanding year. However, our resilience enabled us to adapt and pivot when necessary swiftly, showcasing our ability to overcome obstacles, as highlighted in the 2022 Annual Report.
Download Latest Report
Corporate Governance
Sustainability