RAK Ceramics turns around H1 performance, posts Tk2.28cr profit
The company attributed the turnaround to improved gas pressure, higher production and lower costs as sales increased 21% year-on-year.
RAK Ceramics (Bangladesh) Limited staged a turnaround in the first half (January-June) of 2026, returning to profit with Tk2.28 crore in earnings after posting a Tk21 crore loss in the same period a year earlier.
According to price-sensitive information disclosure published on the company's website today (26 July), the ceramic tile manufacturer reported earnings per share (EPS) of Tk0.05 for the first six months of 2026, compared to a negative EPS of Tk0.49 a year earlier.
The company attributed the turnaround to changes in income tax regulations, lower depreciation costs, and improved production following a recovery in gas supply.
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Revenue also increased 21% year-on-year to Tk374 crore during the January-June period, up from Tk310 crore in the same period of 2025.
The company said improved gas pressure helped increase production, while higher sales volume contributed to revenue growth. Lower depreciation costs also helped raise its gross profit margin to 19.24%, from 14.97% a year earlier.
In the second quarter (April-June) of 2026, RAK Ceramics recorded sales of Tk199 crore, compared to Tk163 crore in the same quarter last year.
The company posted a quarterly net profit of Tk7.85 crore, reversing a net loss of Tk18.50 crore in the April-June period of 2025.
As of 30 June 2026, the company's net asset value (NAV) stood at Tk645 crore, with NAV per share at Tk15.08, compared to Tk15.73 a year earlier.
