RAK Ceramics, one of the largest ceramics lifestyle solutions providers in the world, has seen its first-quarter profit after tax drop 21.5% to AED62.9 million ($17.13 million).
RAK Ceramics Q1 profit after tax drops 21 5pc to $17 13m tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
RAK Ceramics, one of the largest ceramics lifestyle solutions providers in the world, has seen its 2023 net profit rise 3.7% to AED320.9 million, but its revenue declined 1.7% to AED3.45 billion.
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RAK Ceramics, a major provider of ceramics lifestyle solutions, has reported a revenue of AED837 million ($228 million) for Q3, down 7.7% over last year. However, its net profit for the period increased by 13.3% hit to AED83.9 million ($23 million).