RAK Ceramics PJSC (RAKCEC)

Abu Dhabi – Mubasher: RAK Ceramics generated AED 113.91 million in net profit during the first half (H1) of 2024, marking an annual drop of 26.60% from AED 155.19 million. The revenues decreased by 11.20% year-on-year (YoY) to AED 1.55 billion in …

Abu Dhabi – Mubasher: RAK Ceramics completed the acquisition of RAK Porcelain, making it a wholly-owned subsidiary, according to a bourse statement. The transaction, which was announced on 3 June, aligns with the ADX-listed company’s commitment to …

Abu Dhabi – Mubasher: RAK Ceramics logged net profits after tax valued at AED 62.90 million in the first quarter (Q1) of 2024, down 21.50% from AED 80.10 million in Q1-23. The revenues amounted to AED 781.60 million in Q1-24, an annual drop of …

Abu Dhabi – Mubasher: RAK Ceramics elected Saqr bin Saud bin Saqr Al Qasimi as the Chairman of the board. Fawaz Sulaiman Al Rajhi as the Vice Chairman was announced as the Vice Chairman, according to a bourse disclosure. The board members of RAK …

Abu Dhabi – Mubasher: The general assembly meeting of RAK Ceramics approved cash dividends amounting to AED 99.37 million, equivalent to 10 fils per share, for the second half (H2) of 2023. The UAE-based company highlighted that the full-year …

Abu Dhabi – Mubasher: RAK Ceramics achieved net profits valued at AED 320.85 million in 2023, marking an annual drop of 5.70% from AED 340.10 million. In the 12-month period that ended on 31 December 2023, the revenues declined by 1.70% to AED …

Abu Dhabi – Mubasher: The net profits attributable to the shareholders of RAK Ceramics hit AED 220 million in the first nine months (9M) of 2023, an annual drop from AED 223.86 million. The revenues hit AED 2.59 billion in January-September 2023, …

Abu Dhabi – Mubasher: Ras Al Khaimah Ceramics (RAK Ceramics) generated AED 143.01 million in net profit attributable to the owners during the first half (H1) of 2023, down year-on-year (YoY) from AED 147.77 million. As of 30 June 2023, revenues …

Abu Dhabi – Mubasher: Ras Al Khaimah Ceramics (RAK Ceramics) logged net profits attributable to the shareholders valued at AED 73.41 million in the first quarter (Q1) of 2023. The registered net profits were compared with AED 56.58 million in …

Abu Dhabi - Mubasher: The profits attributable to the owners of Ras Al Khaimah Ceramics (RAK Ceramics) enlarged to AED 302.81 million in 2022, compared to AED 246.47 million in 2021. The total revenues enlarged by 22.90% year-on-year (YoY) to AED …

Abu Dhabi - Mubasher: Ras Al Khaimah Ceramics (RAK Ceramics) recorded a growth in net profit attributable to the shareholders to AED 232.86 million during the first nine months (9M) of 2022, versus AED 201.26 million in 9M-21. RAK Ceramics …

Abu Dhabi – Mubasher: Ras Al Khaimah Ceramics’ (RAK Ceramics) net profits attributable to the owners edged down to AED 147.77 million during the first half (H1) of 2022, compared to AED 148.49 million in H1-21. Revenues jumped by 20.10% …

UAE – Mubasher: Al Ramz Corporation Investment and Development has been appointed as a liquidity provider for Ras Al Khaimah Ceramics (RAK Ceramics). In accordance with regulatory requirements starting 11 April 2022, Al Ramz will trade RAK …

Abu Dhabi – Mubasher: Ras Al Khaimah Ceramics (RAK Ceramics) has signed a share purchase agreement to fully acquire KLUDI Group, a German-based company specialised in manufacturing kitchen and bathroom faucets and showering systems. KLUDI has its …

Abu Dhabi – Mubasher: Ras Al Khaimah Ceramics (RAK Ceramics) has achieved net profits attributable to the owners of AED 246.47 million in 2021, versus net losses of AED 129.72 million in the earlier year, according to the company's consolidated …

Abu Dhabi – Mubasher: The net profits attributable to the owners of Ras Al Khaimah Ceramics (RAK Ceramics) hiked to AED 148.491 million during the first half (H1) of 2021, compared to AED 14.104 million in the year-ago period, as shown by the …

Abu Dhabi – Mubasher: Samena Limestone Company has sold its entire stake in Ras Al Khaimah Ceramics (RAK Ceramics) to Falcone Investments. Samena Limestone Company owned 174.353 million shares of RAK Ceramics, representing 17.55% of the entire …

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Ras Al Khaimah Ceramics (RAK Ceramics) has approved paying cash dividends, equivalent to 7.5% of the capital, for 2020. The cash dividend distribution stands at 7.5 fils per …

Abu Dhabi – Mubasher: Ras Al Khaimah Ceramics (RAK Ceramics) saw net losses attributable to the owners of AED 129.72 million in 2020, compared to AED 164.378 million net profits in 2019. The company's revenues decreased by 8.7% to AED 2.349 …

Abu Dhabi – Mubasher: The consolidated financial results of Ras Al Khaimah Ceramics (RAK Ceramics) showed a AED 47.18 million net profits attributable to the owners in the first nine months of 2020, down from AED 129.29 million in the year-ago …

Abu Dhabi – Mubasher: Ras Al Khaimah Ceramics (RAK Ceramics) has achieved AED 14.1 million net profits attributable to the owners of the company in the first half (H1) of 2020, down from AED 90.17 million in the same half of the previous year. The …

Abu Dhabi – Mubasher: The net profits attributable to the owners of Ras Al Khaimah Ceramics (RAK Ceramics) declined by 11.4% to AED 25.96 million during the first quarter (Q1) of 2020 from AED 29.01 million in the same period of 2019. The …

Abu Dhabi – Mubasher: Ras Al Khaimah Ceramics (RAK Ceramics), listed on the Abu Dhabi Securities Exchange (ADX), logged a 7.2% year-on-year decline in net profit to AED 155.8 million during the first nine-month of 2019 with a margin of 8.1%. …

Abu Dhabi – Mubasher: Ras Al Khaimah Ceramics (RAK Ceramics), listed on the Abu Dhabi Securities Exchange (ADX), announced that its shares have been certified as sharia-compliant for the purpose of investment and trading. This was based on Dar Al …

By: Mahmoud Gamal Abu Dhabi – Mubasher: Ras Al Khaimah Ceramics (RAK Ceramics), listed on the Abu Dhabi Securities Exchange (ADX), is looking to extend its presence in the Saudi Arabian market, the company’s CEO Abdullah Massaad said. The company …