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Concepcion Industrial group says sales up 10% in Q4 - BusinessWorld Online
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Concepcion Industrial group says sales up 10% in Q4 - BusinessWorld Online
CONCEPCION Industrial Corp. (CIC) and its associate Concepcion Midea, Inc. (CMI) said they posted a 10.5% increase in group net sales in the fourth quarter (Q4), while earnings declined amid cost pressures and industry headwinds. Fourth-quarter group net sales, which include contributions from CMI, rose to P6.3 billion from P5.7 billion in the same period a year earlier, CIC said in a statement on Thursday. The company said its teams delivered s…
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