UAE’s RAK Ceramics records 100%+ gain on 2021 net profit, revenues come to Dh2.86b

UAE’s RAK Ceramics records 100%+ gain on 2021 net profit, revenues come to Dh2.86b

Dubai: One of the biggest names in sanitaryware, RAK Ceramics recorded a 100 per cent plus gain in net profits for 2021 to Dh298.1 million, while revenues were up 21.8 per cent to Dh2.86 billion. The gains were led by increased demand from its home market UAE as well as in Saudi Arabia and India. For 2021, the Board of Directors has recommended a 20 fils per share dividend, of which 10 fils was paid in October last on interim basis.