Concepcion Industrial Corporation Marks a Decade of Excellence and Growth on its 10th Listing Anniversary
[28 NOVEMBER 2023, Taguig City] – Concepcion Industrial Corporation (CIC), the Philippines’ leading consumer lifestyle and building & industrial solutions company celebrates its 10th Listing Anniversary with a Bell Ringing Ceremony at the PSE Tower in Taguig City.
Since joining the ranks of publicly listed companies a decade ago, CIC has continuously evolved to provide comprehensive consumer lifestyle and building & industrial solutions beyond air conditioners and refrigerators. Over the years, CIC has expanded its product range, incorporating laundry, kitchen, and small domestic appliances, vertical transport solutions, and HVAC/R parts into its roster. Through joint ventures, CIC added prominent brands like Midea and Otis in 2013. Recently, the modern household and beauty solutions brand, SharkNinja, was added to its portfolio.
Raul Joseph A. Concepcion, Chairman & CEO of Concepcion Industrial Corporation, expressed gratitude, stating, “We are immensely proud and honored to celebrate this significant milestone of our 10th Listing Anniversary. This decade has been a journey filled with achievements, growth, and learning. We owe our success to our stakeholders, whose unwavering trust and support have been the driving force behind our progress. As we step into the future, we are committed to further innovation, sustainability, and growth, and we are excited about the possibilities that lie ahead.”
For over six decades, CIC has been a part of Filipino homes and businesses, consistently earning recognition from Filipino consumers as a trusted brand and partner. This is a testament to the company’s enduring mission to help build better lives for Filipinos through meaningful solutions that they can trust.
CIC has also earned industry recognitions that affirm its commitment to excellence and principles of good corporate governance. It has been recognized by esteemed organizations like Finance Asia as 1st Best Small Cap consecutively in 2015 and 2016 and was ranked 6th in the Philippines for Best Managed Companies, Corporate Governance, and Investor Relations. Additionally, CIC has been awarded the Outstanding Chairman and CEO award by Asia Pacific Enterprise Awards and has earned recognition from the Institute of Corporate Directors (ICD) as a recipient of the Golden Arrow Award for exemplary corporate governance.
Looking ahead, Concepcion Industrial Corporation remains committed to fostering innovation, adapting to change, and prioritizing sustainability. As the company sets its sights on the future, it remains poised to lead in the next decade, maintaining its commitment to corporate excellence and creating solutions that matter to Filipino consumers.
###
For media inquiries or more information, please contact:
Corporate Communications
corpcomm@cic.ph | +63 998 968 3558