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MIDEA GROUP

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abtest

Concepcion Industrial reports 20% profit hike

By Neil Jerome Morales | April 12, 2014 - 12:00am

Homegrown appliance maker Concepcion Industrial Corp. (CIC)  grew its earnings by a fifth last year, driven by strong sales in both the consumer and commercial sectors.

Business

Concepcion Industrial acquires elevator, escalator maker Otis

By Neil Jerome C. Morales | March 21, 2014 - 12:00am

Appliance maker Concepcion Industrial Corp. (CIC) is venturing into escalators and elevators through its first acquisition deal since listing in the local bourse last year.

Business

Concepcion Industrial posts 14.7% hike in net income

By Neil Jerome C. Morales | December 21, 2013 - 12:00am

Homegrown appliance maker Concepcion Industrial Corp. (CIC) posted a healthy earnings growth in January to September due to strong sales in all business segments.

Business

Concepcion Industrial makes PSE debut

By Neil Jerome C. Morales | November 28, 2013 - 12:00am

Homegrown appliance maker Concepcion Industrial Corp. (CIC) completed its listing in the local bourse yesterday, making it the eighth and last firm to go public this year.

Business

How China’s Midea went from appliance maker to global player

By Wilson Lee Flores | November 18, 2013 - 12:00am

How can business successes in Southeast Asia and East Asia become truly world-class beyond the comfort zones of our own domestic...

Lifestyle Business

Midea Launches 2009 Product Line

December 5, 2008 - 12:00am

The global leader and number one exporter of goods appliances from China recently launched its formal entry into the Philippine market.

Freeman Cebu Lifestyle

Chinese brand unveils line amid negative impression

By Joefel O. Banzon | December 2, 2008 - 12:00am

With the series of scandals involving tainted products that have made the Chinese brand synonymous to lesser quality goods, the Midea Group is bent on redeeming itself from this general negative impression.

Freeman Cebu Business