Concepcion Industrial Corporation (CIC), the Philippines’ leading provider of consumer lifestyle and enterprise solutions, announced its financial results for the third quarter of 2025, showcasing steady revenue growth despite challenging market conditions.
Including contributions from its associate company, Concepcion Midea, Inc. (CMI), CIC reported total group net sales of ₱5.5 billion, marking an 11% increase compared to the same period last year.
CIC’s consolidated net sales reached ₱3.9 billion, reflecting a 2% year-on-year growth, while consolidated earnings stood at ₱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 2025, total group net sales, including contributions from CMI, rose by 11% to ₱19.6 billion.
CIC’s consolidated net sales for the same period reached ₱14.0 billion, a 3% year-on-year increase, with consolidated earnings amounting to ₱927.1 million.
“Our third quarter performance reflects 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.”
