Concepcion Industrial Corporation, the country's leading provider of consumer lifestyle and building industrial solutions, reported a 50 percent drop in unaudited attributable net income to P471 million in 2020.
In a disclosure to the Philippine Stock Exchange, the firm said unaudited full year...
Small kitchen appliances a hit during pandemic
Raul Joseph Concepcion, chairman and CEO of CIC (Photo credit: https://www.cic.ph )
Sales of small kitchen appliances dramatically shoot up by 50 percent during this pandemic period, but still not enough to offset the overall 50 percent decline...