Rak Ceramics’ Ingressos al bany de la primera meitat 552 Milions de iuan després de l'adquisició de Coruti

Rak Ceramics’ Ingressos al bany de la primera meitat 552 Milions de iuan després de l'adquisició de Coruti

The Royal Commission of Yanbu, Aràbia Saudita, recently announced the signing of an investment agreement with Ras Al Khaimah Ceramics Company (“Rak Ceramics“) to establish a ceramics factory in Yanbu. It is expected to be completed and launched in early 2025, with an estimated total investment of approximately Dh400 million (Aproximadament RMB 700 mil·lió).

A més, the company is expanding its operations in Bangladesh with a new project. Annual sanitary ware production capacity is expected to increase by 400,000 units by 2024. The annual production capacity of ceramic tiles will increase by 4.8 million square meters by 2025.

The company’s consolidated revenue for the first half of the year was 1.71 billion dirhams (al voltant de 3.139 mil milions de iuans), cap amunt 20.1 percentatge any rere any, and net profit was 171.9 million dirhams. In the second quarter alone, revenue was Dhs927 million (approximately RMB1.7 billion), cap amunt 32.3% any rere any.

A la primera meitat de l'any, the company executed two acquisition deals worth nearly Dh350 million (Aproximadament RMB 640 mil·lió). The first was the acquisition of the Kludi Group in Germany. The deal also added Dhs50.4 million to RAK’s revenue in the second quarter. Al mateix temps, RAK’s group-wide revenue in the bathroom segment increased by 10.3% to Dh301.2 million (approx. RMB 552 mil·lió) A la primera meitat de l'any.

The second acquisition was a 40% minority stake in RAK Ceramics for cash, increasing the ownership of RAK Ceramics to 90%. Of this, 37% was completed on June 30, 2022.