Bringing Happy Spaces to Life

Concepcion Industrial Corporation (CIC) has been delivering technology that uplifts the Filipino’s way of life – making their lives easier, comfier, and better–for over 50 years and counting. Transforming ordinary places into happy spaces. Bringing happy spaces to life.

Happier You

As the country’s leading provider of airconditioning solutions, CIC has a wide array of global and local brands that help keep homes and offices cool and comforable

Happier Mealtimes

CIC brings happiness to Filipino tables with homegrown and world-class refrigerator brands.

Happier Homes

With world-renowned consumer appliance brands, CIC brings happiness to Filipino homes.

Happier Workspaces

CIC helps businesses build happiness with their world-leading and building industrial solutions

From then until now, we enrich Filipino spaces all over the nation

Our Brands

COMPANY PROFILE

CIC

Concepcion Industrial Corporation (CIC) is the leading air conditioning and refrigeration company in the Philippines. From a cooling solutions provider, we expanded our portfolio of products and services designed for the needs of every Filipino home and business. With the future in mind, we are at the forefront of creating new solutions through innovation, staying true to our commitment to serve our customers with quality products and services to create happier spaces for all.

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We are one of the Philippines’ most established and leading providers of airconditioning solutions, refrigerators, consumer appliances, and building and industrial solutions. We have a portfolio of six companies – Concepcion-Carrier Airconditioning Company (CCAC), Concepcion Durables Inc. (CDI), Concepcion Midea Inc. Philippines (CMIP), Concepcion Otis Philippines Inc. (COPI), Concepcion Business Services Inc. (CBSI), and Cortex Technologies Corporation (CTC).

WHAT WE DO

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We continue to venture towards diverse offerings to touch more Filipino lives. However, our core remains the same: to provide convenience not just to businesses but also to every Filipino home.

JOJO CONCEPCION

INNOVATING TOWARDS BUILDING BETTER LIVES
LEADING WITH UNYIELDING PASSION
COLLABORATING TOWARDS A UNIFIED GOAL
LEARNING AS THE GREATEST PRINCIPLE TOWARDS WORK

FINANCIAL HIGHLIGHTS

2020 Financial Highlights

2020: Overcoming The Unprecedented

2020 was an unprecedented year. The Philippines was affected by many major external events throughout the year with the Covid-19 virus shutting down our whole business, the whole economy, and people’s lives. Our Covid-19 response was about ensuring the survival of the business, second about restarting the business and third is about repivoting the business and adjusting to the new normal.We were able to restart and repivot the business in the 2nd half of the year – taking mitigating actions that resulted in a fairly strong performance in a most uncertain environment.

SALES
10.76B
2018
14,202M
2019
15,006M
PROFIT AFTER TAX
685M
2018
1,457M
2019
1,430M

2020: Overcoming The Unprecedented

2020 was an unprecedented year. The Philippines was affected by many major external events throughout the year with the Covid-19 virus shutting down our whole business, the whole economy, and people’s lives. Our Covid-19 response was about ensuring the survival of the business, second about restarting the business and third is about repivoting the business and adjusting to the new normal.We were able to restart and repivot the business in the 2nd half of the year – taking mitigating actions that resulted in a fairly strong performance in a most uncertain environment.

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OUR PROJECTS

our projects

Bringing Happy Spaces to Life

VIDEOS

Evolve: 2020 Kick-Off video
Evolve: 2020 Kick-Off
Vision for the Future video
Vision for the Future
New Campaign: Kalokal video
New Campaign: Kalokal
The Leadership Evolution video
The Leadership Evolution