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 3.51 billion in 2022 from AED 2.86 billion, according to the consolidated income statements.
Basic and diluted earnings per share (EPS) settled at AED 0.30 last year, higher than AED 0.25 in 2021.
Meanwhile, the total assets amounted to AED 5.41 billion in the January-December 2022 period, an annual growth of 6.30% from AED 5.09 billion.
In the first nine months (9M) of 2022, RAK Ceramics logged net profits attributable to the equityholders worth AED 232.86 million, up from AED 201.26 million during the same period in 2021.