Ras al khaimah: RAK Ceramics PJSC has announced a 6.4% year-on-year increase in revenue for the second quarter ending June 30, 2025, reaching AED826.8 million. The company attributes its financial growth to strong demand from the UAE and Middle East markets, alongside effective cost management strategies.

According to Emirates News Agency, the company's gross profit margin rose by 110 basis points to 40.6% in Q2 2025. For the first half of the year, the margin increased by 70 basis points to 40.2%, driven by enhanced operational efficiencies. This improvement underscores RAK Ceramics' leadership in the market.

The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) saw a 17.5% increase to AED160.8 million in Q2 2025, compared to AED136.9 million in the same period last year. In the first half of 2025, EBITDA increased by 2.9% to AED296.4 million, with margins rising to 19.5% from 17.6% in Q2 2024. The EBITDA margin for H1 2024 remained constant at 18.5%.

Profit before tax surged by 45.0% year-on-year to AED86.7 million, up from AED59.8 million in Q2 2024. Meanwhile, net profit after tax grew by 30.1% to AED66.4 million, compared to AED51.0 million in the previous year. The UAE corporate tax amounted to AED17.2 million in Q2 2025, an increase from AED6.5 million in Q2 2024.

The net debt position of RAK Ceramics increased by AED120.6 million, reaching AED1.56 billion in Q2 2025, largely due to increased capital expenditure and working capital needs.

Abdallah Massaad, Group CEO of RAK Ceramics, expressed satisfaction with the results, highlighting the company's solid revenue growth and strong operational performance. He emphasized the company's ability to drive growth in key markets despite regional challenges, crediting their diversified strategy.

Looking ahead, Massaad stated that RAK Ceramics will continue to innovate and implement initiatives to strengthen its market position and maintain profitability across all divisions.