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 reported revenues worth AED 2.61 billion in the January-September 2022 period, a rise from AED 2.10 billion in 9M-21, according to the consolidated income statements.

Additionally, the basic and diluted earnings per share (EPS) settled at AED 0.23 in 9M-22, higher than AED 0.20 in the year-ago period.

During the third quarter (Q3) of 2022, the net profits attributable to the owners of RAK Ceramics amounted to AED 85.09 million, compared to AED 52.77 million in Q3-21.

The revenues increased to AED 906.39 million in Q3-22 from AED 684.76 million in Q3-21, while the basic and diluted EPS rose to AED 0.09 in Q3-22 from AED 0.05.

In the first half (H1) of 2022, the UAE-based firm registered net profits attributable to the equityholders at a value of AED 147.77 million, down from AED 148.49 million in H1-21.