CIC Logo Circle
Concepcion

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.

CIC Logo Circle

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

A couple makes delicious food using kitchen appliances manufactured by CIC. Girl feels relaxed with efficient home solutions from CIC.

Happier Mealtimes

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

A family enjoys CIC's Home Solutions Couple keeps food fresh with the help of CIC - one of the leading refrigerator manufacturers in the Philippines.

Happier Homes

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

Professional enjoys a comfortable working environment with CIC's industrial aircons CIC, one of the biggest home appliances manufacturers in the Philippines, keeps families comfortable at home.

Happier Workspaces

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

City skyline. CIC serves city residents with efficient home solutions. Woman smiling holding a laptop. CIC makes work spaces more productive with superb commercial air conditioners.

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

The Concepcions, Jojo, Robie, Patrick, Menchu, Ton, Herminia, Jose Concepcion Sr., Ronnie Concepcion with Rica. The Concepcion Family - founders of Concepcion Industrial Corporation. Jose Concepcion Sr. - CIC Philippines

Our Brands

Carrier Logo - CIC Philippines
Condura Logo - CIC Philippines
Midea Logo - CIC Philippines
Toshiba Logo - CIC Philippines
Otis Logo - CIC Philippines
Kelvinator Logo - CIC Philippines
Alstra Logo - CIC Philippines
ConcepStore Logo - CIC Philippines

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

CIC's innovative new products helps you build a smart home.
INNOVATING TOWARDS BUILDING BETTER LIVES
Raul Joseph A. Concepcion, CIC Chairmna and CEO
LEADING WITH UNYIELDING PASSION
CIC - a PSE-listed company - values collaboration to achieve goals.
COLLABORATING TOWARDS A UNIFIED GOAL
Plant workers receive continued training at CIC - one of the largest appliance manufacturers in the country.
LEARNING AS THE GREATEST PRINCIPLE TOWARDS WORK

FINANCIAL HIGHLIGHTS

2021 Financial Highlights

2021: Overcoming The Unprecedented

Despite the weak business and consumer sentiments resulting from rising inflation, commodity costs and weakening Peso, CIC net sales grew 2% against same period last year. The commercial sales segment performed well due to new orders and the realization of backlog orders as the economy opens up. While the quarter saw mobility improving significantly, consumer markets remained soft relative to stronger summer seasons in the past. Profit After Tax for Q2 was retained at the same level as last year. Headwinds from commodity and logistics costs and FX were offset thru measured price adjustments and cost reduction activities. CIC remains confident in the medium and long-term recovery of the Philippine economy, and we will continue to build Happy Spaces for the Filipino.

SALES
12.23B
2019
15,006M
2020
10,760M
PROFIT AFTER TAX
378M
2019
1,430M
2020
687M

2021: Overcoming The Unprecedented

Despite the weak business and consumer sentiments resulting from rising inflation, commodity costs and weakening Peso, CIC net sales grew 2% against same period last year. The commercial sales segment performed well due to new orders and the realization of backlog orders as the economy opens up. While the quarter saw mobility improving significantly, consumer markets remained soft relative to stronger summer seasons in the past. Profit After Tax for Q2 was retained at the same level as last year. Headwinds from commodity and logistics costs and FX were offset thru measured price adjustments and cost reduction activities. CIC remains confident in the medium and long-term recovery of the Philippine economy, and we will continue to build Happy Spaces for the Filipino.

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OUR PROJECTS

our projects

Iba ang Pinoy

VIDEOS

Iba ang Pinoy video
Iba ang Pinoy
VAX Safe video
VAX Safe
Hope for a Happier Tomorrow video
Hope for a Happier Tomorrow
Science of Indoor Living video
Science of Indoor Living