27 October 2025 – Concepcion Industrial Corporation (CIC), the country’s leading provider of consumer lifestyle and enterprise solutions, reported its financial results for the third quarter. Including contributions from its associate company, Concepcion Midea, Inc. (CMI), total group net sales reached ₱5.5 billion, an 11% increase versus same period last year. CIC’s consolidated net sales stood at ₱3.9 billion, up 2% year-on-year, while consolidated earnings were ₱141.5 million.

“While revenue growth continued, margin pressures and external headwinds tempered profitability. We are actively managing costs and optimizing operations to preserve profitability.” said Rajan Komarasu, Chief Finance and Operating Officer. “Our strong balance sheet and continued strategic investments position us well for long-term growth and resilience,”

For the first nine months of the year, including contributions from CMI, total group Net Sales increased 11% to ₱19.6 billion. CIC’s consolidated net sales reached ₱14.0 billion, up 3% year-on-year while consolidated earnings amounted to ₱927.1 million. “Our third quarter performance reflect our commitment to serving our customers in a soft market,” said Ariel Fermin, Chief Executive Officer. “We continued to enhance brand relevance and deliver superior value across our product portfolio, demonstrating the resilience of our diversified business model”.

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For media inquiries, please contact:
Jennie David (investorrelations@cic.ph)