LEADING appliances maker Concepcion Industrial Corp. (CIC) reported a 44 percent profit growth in the first half of this year on the back of favorable market conditions.
Listed CIC said in a disclosure to the Philippine Stock Exchange that net income attributable to equity holders rose to P533 million in the first six months from P368 million a year ago while net sales in the first half went up 23 percent to P6.6 billion.
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