Published: Aug 12, 2014
Source: Emirates 24|7


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RAK Ceramics' H1 net profit up 9% at Dh149m

RAK Ceramics has reported a net profit of Dh149.9 million for the first six months of 2014, an increase of nine per cent, compared to 8.6 per cent for the corresponding period last year.

The UAE's largest ceramics manufacturer said its total revenue during H1 2014 amounted to Dh1.66 billion decreasing by 4.4 per cent from the same period in 2013. However, company’s strategy of refocusing on core ceramics businesses has been paying dividends as the core ceramics products revenues increased by 3.9 per cent to Dh1.41 billion contributing 84.9 per cent of the total revenues - By WAM. Read more>>>

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