सीका सीराइक्स’ पहिलो आधा बाथरूम राजस्व 552 कटाईको अधिग्रहण पछि मिलियन युआन
The Royal Commission of Yanbu, Saudi Arabia, recently announced the signing of an investment agreement with Ras Al Khaimah Ceramics Company (“सीका सीराइक्स“) 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 (लगभग rmb 700 दश लाख).
साथै, 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 (प्राय 3.139 अरब युआन), माथितिर 20.1 प्रतिशत वर्ष-इन-वर्ष, and net profit was 171.9 million dirhams. In the second quarter alone, revenue was Dhs927 million (approximately RMB1.7 billion), माथितिर 32.3% वर्ष-इन-वर्ष.
In the first half of the year, the company executed two acquisition deals worth nearly Dh350 million (लगभग rmb 640 दश लाख). 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. एकै समयमा, RAK’s group-wide revenue in the bathroom segment increased by 10.3% to Dh301.2 million (approx. RMB 552 दश लाख) in the first half of the year.
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.