CONCEPCION Industrial Corp. (CIC) closed 2025 with higher consolidated sales although net income was slightly lower due to what it described as a challenging operating environment.
In a disclosure on its unaudited full-year results, the company said that for the fourth quarter, total net sales had risen 10 percent to P6.3 billion, inclusive of contributions from associate company Concepcion Midea Inc. (CMI).
Consolidated net sales for the quarter reached P4.6 billion, a 3-percent increase, while consolidated earnings amounted to P196 million.
For the full year, total group net sales, including CMI’s contribution, rose 10 percent year on year to P25.9 billion.
Consolidated net sales of the company grew 3 percent to P18.5 billion while consolidated earnings reached P1.1 billion, down slightly from P1.2 billion in 2024.
Rajan Komarasu, CIC’s chief finance and operating officer, said the company delivered “dependable results” through focused operational management amid a dynamic market environment.
He added that the fourth-quarter performance underscored the resilience of the group’s diversified portfolio.
CEO Ariel Fermin emphasized that the company remained resilient despite industry-wide challenges, thanks to disciplined execution and a continued focus on strategic priorities.
Fermin said the company was taking meaningful steps to position itself for future opportunities and long-term value creation, and thanked shareholders and partners for their continued support.
Concepcion Industrial shares fell P0.10, or 0.72 percent, to close at P13.70 each on Thursday.
