VIGA blöndunartæki framleiðandi 
RAK keramik’ Tekjur á fyrsta hálfu baðherbergi af 552 Milljón Yuan eftir kaupin á Coruti
The Royal Commission of Yanbu, Sádí Arabía, recently announced the signing of an investment agreement with Ras Al Khaimah Ceramics Company (“RAK keramik“) 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 (Um það bil RMB 700 milljón).
Auk þess, 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 (um 3.139 Milljarðar Yuan), upp 20.1 prósent á milli ára, and net profit was 171.9 million dirhams. In the second quarter alone, revenue was Dhs927 million (approximately RMB1.7 billion), upp 32.3% ár frá ári.
In the first half of the year, the company executed two acquisition deals worth nearly Dh350 million (Um það bil RMB 640 milljón). 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. Á sama tíma, RAK’s group-wide revenue in the bathroom segment increased by 10.3% to Dh301.2 million (approx. RMB 552 milljón) á fyrri hluta ársins.
The second acquisition was a 40% minority stake in RAK Ceramics for cash, increasing the ownership of RAK Ceramics to 90%. Af þessu, 37% was completed on June 30, 2022.