RAK Ceramics reports Dhs822.8 million in Q2 revenue
- Source
- Gulf Today - Business
- Source link
- https://www.gulftoday.ae/business/2026/08/06/rak-ceramics-reports-dhs8228-million-in-q2-revenue
- Published
- 2026-08-06 11:28:00
- Discovered by ProcIntel
- 2026-08-06 12:15:38
- Category
- GCC Spotlight
- Geography
- UAE
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
RAK Ceramics PJSC reported financial results for the second quarter ending 30th June 2026. Total revenue was Dhs822.8 million, a marginal decline of 0.5 per cent YoY from Dhs826.8 million in Q2 2025.For H1 2026, total revenue stood at Dhs 1,583.5 million, down 1.2 percent compared to Dhs1,603.3 million in H1 2025.In Q2 2026, gross profit margin increased to 41.0 per cent, compared to 40.6 per cent in Q2 2025. For H1 2026, gross profit margin remained stable at 40.2 per cent, in line with H1 2025.Strong demand across the UAE, KSA, and Bangladesh, together with proactive management actions and disciplined execution, helped maintain business continuity and profitability.The Group remained focused on strengthening its market share across the region while making every effort to support customers in other markets. As a regional manufacturer with strong production and distribution capabilities, RAK Ceramics maintained consistent product availability and reliable service delivery across its network, supporting customers, partners, and the wider ecosystem throughout the period.In Q2 2026, profit before tax declined marginally by 1.1 per cent YoY to Dhs85.7 million, compared to Dhs86.7 million in Q2 2025. For H1 2026, profit before tax declined by 8.3 per cent YoY to Dhs138.7 million, compared to Dhs151.2 million in H1 2025.In Q2 2026, net profit after tax increased by 2.9 per cent YoY to Dhs68.3 million, from Dhs66.4 million in Q2 2025. For H1 2026, net profit after tax declined by 7.6 per cent YoY to Dhs106.5 million, compared to Dhs115.2 million in H1 2025.In Q2 2026, EBITDA declined marginally by 2.0 per cent to Dhs157.5 million from Dhs160.8 million in Q2 2025. For H1 2026, EBITDA declined by 3.9 per cent YoY to Dhs284.8 million, compared to Dhs296.4 million in H1 2025.Net debt position stood at Dhs1.52 billion, down by 2.6 per cent YoY. Net debt to EBITDA stood at 2.48x from 2.53x in March 2026.Abdallah Massaad, Group Chief Executive Officer of RAK Ceramics, said that RAK Ceramics delivered a stable Q2 2026 performance despite a challenging quarter marked by regional geopolitical tensions, supply chain disruptions, and elevated logistics costs.He added, "Throughout this period, our priority was clear: increasing our market share across the region, while making every effort to support customers in other markets. Backed by our strong brand, product quality, and regional manufacturing footprint, we responded quickly to changing market conditions, leveraging locally sourced raw materials, alternative logistics routes, and other practical solutions to maintain reliable supply and service across our network."Looking ahead, we remain focused on driving value-led growth, capturing additional market share opportunities in our core markets, and delivering value creation initiatives across our European, India & Bangladesh operations. We remain confident in our ability to deliver sustainable long-term value for our stakeholders.”WAM
Procurement Relevance Gate
- supplier_or_company_impact (weight 12) — matched on "manufacturer"
- commodity_or_input_impact (weight 12) — matched on "raw material"
- logistics_freight_transport (weight 12) — matched on "logistics"
- price_availability_leadtime_demand (weight 10) — matched on "availability"
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
- Initial Significance
- 2 · Moderate (33.0/100)
- Initial Confidence
- 2 · Low (23.5/100)
- Data sufficiency Whether enough structured evidence exists to trust this Signal's Initial Confidence reading. 'Sufficient' has no cap; 'Partial' and 'Insufficient' cap Confidence until more evidence is available; 'Not Assessed' means the Signal did not pass the Relevance Gate.
- Partial
- Strongest contributor
- Procurement Impact
- Limiting factor
- Likely Event Severity
Initial Significance Moderate (33.0/100). Strongest contributor: Procurement Impact (18.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Low (23.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (12.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- No likely Event type matched; a low contextual baseline was applied.
- No eligible (non-geographic, non-fictional) entities were linked to this Signal.
- no matched Event type
- no actor entities (only attribution/metadata, if any)
- no actor content-derived geography
- single source only
- Entities were mentioned as context or document attribution rather than as actors in the reported development, so they did not increase Initial Confidence.
- Geographies were mentioned only in diplomatic reaction, commentary or background context rather than as the actor, event location or affected party in the reported development, so they did not increase Initial Confidence.
- Only source-level geography metadata was available.
- Source metadata did not contribute to Initial Confidence.
Methodology signal_scoring_v1 — calculated 2026-08-06 12:15:38.