Building strong partnerships with our Investors
CIC’s Investor Relations (CIC IR) embarks on bringing the CIC story to its stakeholders. CIC IR ensures transparent and timely disclosures on all relevant and material information about the Company.It engages with and addresses various information requirements of the investing public through various channels:
– Quarterly Briefing for Investors and Analysts
– Annual/Special Stockholders’ Meeting
– Investor Conferences
– Non-deal Roadshows (NDR)
– One-on-one and Group Meetings
– Conference calls
– Press Releases
– PSE/SEC disclosures
Financial Highlights
| In Millions php | 1Q24 | 1Q23 | % Change |
|---|---|---|---|
| Net Sales | P3,831.74 | P2,881.72 | 950.02 |
| Gross Profit | P1,313.50 | P1,002.52 | 310.98 |
| Gross Margin (%) | 0.34 | 0.35 | -0.01 |
| OPEX | -1,119.85 | -899.94 | -219,90 |
| % of Sales | -29% | -31% | 2% |
| Profit Before Tax | 245.63 | 126.99 | 118.64 |
| Return on Sales (%) | 6% | 4% | 0.02 |
| Profit After Tax | 185.70 | 93.22 | 92.48 |
| PAT (%) | 5% | 3% | 2% |
| Net Income Attributable to Shareholders | 04.031 | 53.66 | 50.37 |
| Financial Position | 31-Mar-24 | 31-Dec-23 | |
| Consolidated Cash Balance | 2,096 | 2,373 | -11.7% |
| Total Assets | 13,743 | 12,243 | 12.3% |
| Total Liabilities | 7,250 | 5,314 | 36.4% |
Stock Information
Company Identifiers
Top Stockholders
| Name of stockholder | Number of shares held | Percentage of shares held |
|---|---|---|
| 1. PCD Nominee Corporation – Filipino | 234,518,703 | 57.58% |
| 2. Horizons Realty, Inc. | 85,545,026 | 21.00% |
| 3. PCD Nominee Corporation – Non- Filipino | 85,408,141 | 20.97% |
| 4. Sole Luna Inc | 998,963 | 0.25% |
| 5. Macric Incorporated | 786,669 | 0.19% |
| 6. Gemiliano S. Manalili &/or Alma B.Manalili | 2,400 | 0.0% |
| 7. John T. Lao | 1,560 | 0.0% |
| 8. Mary Joan Ilao – Ante | 780 | 0.0% |
| 9. Joselito Corpus Herrera | 500 | 0.0% |
| 10. Hanson Chua Go | 324 | 0.0% |
| 11. Angelo Decrateles Mabunay | 324 | 0.0% |
| 12. Jesus San Luis Valencia | 156 | 0.0% |
| 13. Gabrielle Claudia F. Herrera | 100 | 0.0% |
| 14. Jaybee C. Baraquel | 100 | 0.0% |
| 15. Nadzhda Iska Ferranco Herrera | 100 | 0.0% |
| 16. Owen Nathaniel S. Au ITF: Li Marcus Au | 16 | 0.0% |
| 17. Cesar A Buenaventura | 3 | 0.0% |
| 18. Alfred Reiterer | 3 | 0.0% |
| 19. Jose Ma Concepcion III | 3 | 0.0% |
| 20. Raissa Hechanova – Posadas | 3 | 0.0% |
| 21. Raul Anthony A. Concepcion | 3 | 0.0% |
| 22. Raul Joseph A. Concepcion | 3 | 0.0% |
| 23. Renna Hechanova Angeles | 3 | 0.0% |
| 24. Melito S. Salazar Jr. | 3 | 0.0% |
| 25. Ma. Victoria Herminia C. Young | 3 | 0.0% |
| 26. Joselito T. Bautista | 2 | 0.0% |
Shareholder Services and Assistance
For inquiries regarding dividend payments, change of address and account status, lost or damaged stock certificates, please contact our stock transfer agent:
STOCK TRANSFER SERVICE, INC.
(through Ms. Maricor P. Biag)
Unit D 34th Floor, Rufino Plaza, Ayala Avenue, Makati City
Tel #: 5310-1343
I want to sell my shares. How do I go about this?
The stockholder may transact through their broker or any other active broker members of Philippine Stock Exchange.
What is the market price of my shares of stocks?
For the latest closing price of CIC stocks, please refer to the “Stock Information” section under Investor Relations of this website or through CIC’s PSE EDGE page.
Where can I find copies of Company Reports and Policies?
For the latest Company Reports, please refer to the “Disclosures” section under Investor Relations of this website and “Reports, Policies, and Other Materials” section under Corporate Governance of this website, or through CIC’s PSE EDGE page.
When is CIC’s Annual Stockholders’ Meeting?
CIC holds its Annual Stockholders’ Meeting every third Wednesday of July. You may regularly check the “Disclosures” section under Investor Relations of this website for the Notice of Stockholders’ Meeting for the details, such as specific date for the current year, record date, venue and other instructions.
How can I inquire about other investor relations matters?
You may send an e-mail on your concern through investorrelations@cic.ph.
Notice of the 2024 Annual Stockholders’ Meeting
TO: ALL STOCKHOLDERS
Notice is hereby given that CONCEPCION INDUSTRIAL CORPORATION (formerly Concepcion Airconditioning Corporation) (the “Corporation”) will conduct its Annual Stockholders’ Meeting virtually via Zoom (https://us02web.zoom.us/meeting/register/tZUlfuysrz8rH9KDKyyY2qoWenyZyCYYZjxl) on July 25, 2024 at 10:00 a.m., at which meeting the following matters shall be taken up:
1. Call to Order;
2. Certification of Existence of Quorum;
3. Approval of the Minutes of the Annual Meeting of the Stockholders held on July 27, 2023 and Special Meeting of the Stockholders held on November 21, 2023;
4. Report of the Chairman;
5. Approval of the Audited Financial Statements as of December 31, 2023;
6. Election of Directors;
7. Appointment of External Auditor;
8. Ratification of All Actions taken by the Board and Management;
9. Other Matters; and
10. Adjournment.
The record date for the determination of stockholders entitled to notice of, and to vote at, the said meeting is fixed at the close of business hours on June 25, 2024.
Stockholders may attend the meeting by remote communication and/or vote in absentia or through the Chairman of the meeting as proxy. Stockholders who wish to participate by remote communication or vote in absentia or by proxy should notify the Corporate Secretary by email to cic.secretary@romulo.com from July 4, 2024 to July 15, 2024.
Successful registrants will receive an electronic invitation via email with a complete guide on how to join the meeting. For any registration concerns, please get in touch with the Corporation through cic.secretary@romulo.com.
All stockholders who wish to vote through a proxy or in absentia shall submit the duly signed proxies or ballots, as the case may be, to the Office of the Corporate Secretary at the 21st Floor, AIA Tower, 8767 Paseo de Roxas, Makati City and/or by email to cic.secretary@romulo.com not later than July 15, 2024. The proxies and ballots submitted shall be validated on July 18, 2024 at 2:00 p.m. We are not soliciting proxies.
The Information Statement which contains a brief explanation of each item on the agenda and procedures for attending the meeting via remote communication and for casting votes in absentia, Management Report, and Annual Report for the year ended December 31, 2023 in SEC Form 17-A are posted on the Corporation’s website at https://cic.ph/investor-relations/#annual-stockholders and PSE EDGE.
The meeting shall be recorded in audio and video format and copies thereof shall be retained by the Corporation.
The Corporation has engaged Isla Lipana & Co. (a PwC member firm) to validate the votes and proxies submitted for this Annual Stockholders’ Meeting.
Special Stockholders’ Meeting
TO: ALL STOCKHOLDERS
Notice is hereby given that CONCEPCION INDUSTRIAL CORPORATION (formerly Concepcion Airconditioning Corporation) (the “Corporation”) will conduct its Special Stockholders’ Meeting virtually via Zoom on November 21, 2023 at 10:00 a.m., at which meeting the following matters shall be taken up:
1. Call to Order;
2. Certification of Existence of Quorum;
3. Approval of the Amendment of the By-Laws;
4. Approval of the Minutes of the Special Stockholders’ Meeting held on 26 October 2022;
5. Other Matters; and
6. Adjournment.
The record date for the determination of stockholders entitled to notice of, and to vote at, the said meeting is fixed at the close of business hours on October 5, 2023.
Stockholders may attend the meeting by remote communication and/or vote in absentia or through the Chairman of the meeting as proxy. Stockholders who wish to participate by remote communication or vote in absentia or by proxy should notify the Corporate Secretary by email to cic.secretary@romulo.com from October 26, 2023 to November 11, 2023.
Successful registrants will receive an electronic invitation via email with a complete guide on how to join the meeting. For any registration concerns, please get in touch with the Corporation through cic.secretary@romulo.com.
All stockholders who wish to vote through a proxy or in absentia shall submit the duly signed proxies or ballots, as the case may be, to the Office of the Corporate Secretary at the 21st Floor, Philamlife Tower, 8767 Paseo de Roxas, Makati City and/or by email to cic.secretary@romulo.com not later than November 11, 2023. The proxies and ballots submitted shall be validated on November 16, 2023 at 2:00 p.m. We are not soliciting proxies.
The Information Statement which contains a brief explanation of each item on the agenda and procedures for attending the meeting via remote communication and for casting votes in absentia and Quarterly Report for period ended June 30, 2023 on SEC Form 17-Q are posted on the Corporation’s website at https://cic.ph/investor-relations/#special-stockholders
The meeting shall be recorded in audio and video format and copies thereof shall be retained by the Corporation.
Annual Reports
Company Disclosures
2022
Annual Report2022 Annual Report
CIC generated consolidated full-year net sales of P13.2 billion, 7.6% better than last year, boosted by gradual price increases implemented in 2021 combined with a significant growth in the Commercial segment.Download Previous Annual Reports