RAKCEC
Abu Dhabi - Mubasher: RAK Ceramics registered AED 115.23 million in net profits after tax, reflecting a 1.20% year-on-year (YoY) growth from AED 113.91 million.
Sales climbed by 2.90% YoY to AED 1.60 billion as of 30 June 2025 from AED 1.55 billion, according to the financial statements.
The ADX-listed company logged 13.10% higher net profits before tax at AED 151.21 million in H1-25, compared to AED 133.72 million in H1-24.
Basic and diluted earnings per share (EPS) stood at AED 0.11 in the first six months (6M) of 2025, unchanged from H1-24.
Results for Q2
During the second quarter (Q2) of 2025, the company’s net profits after tax surged by 30.10% to AED 66.36 million from AED 51.01 million in Q2-24.
Revenues increased by 6.40% to AED 826.75 million in Q2-24 from AED 777.02 million. Meanwhile, the EPS grew to AED 0.07 from AED 0.05.
Quarterly, the Q2-25 net profits after tax hiked by 35.80% from AED 48.87 million in Q1-25, whereas the revenues rose by 6.50% from AED 776.53 million.
The board members proposed an interim dividend distribution of 10 fils per share (AED 99.3 million) for H1-25.
Abdallah Massaad, Group CEO of RAK Ceramics, said: “Our ability to drive both volume and value growth in key markets, while successfully navigating regional headwinds, further underscores the effectiveness of our diversified strategy.”
“The shift toward high-quality and innovative offerings is strengthening our margin profile and reinforcing our competitive positioning. Our investments in advanced manufacturing capabilities, including upgraded facilities, continue to drive efficiencies and set new benchmarks for quality,” Massaad noted.
He added: “Looking forward, we're continuing to innovate our operations and accelerate initiatives that will strengthen our position in the market and continue to drive profitability across all divisions."