Abu Dhabi – Mubasher: The net profits after tax of RAK Ceramics declined by 21.80% year-on-year (YoY) to AED 38.21 million in the first quarter (Q1) of 2026 from AED 48.87 million.
The basic and diluted earnings per share (EPS) hit AED 0.03 in Q1-26, versus AED 0.04 in Q1-25, according to the unaudited financial results.
RAK Ceramics generated revenues amounting to AED 760.68 million in January-March 2026, down 2% YoY from AED 776.53 million.
Quarterly, the net profits fell by 41.90% from AED 65.80 million in Q4-25, while the revenues shrank by 11.20% from AED 856.40 million.
Group CEO of RAK Ceramics, Abdallah Massaad, said: “Despite a challenging quarter marked by macroeconomic uncertainty, geopolitical tensions, and supply chain disruptions, RAK Ceramics delivered resilient results, supported by its diversified operations and strong regional footprint.”
“Proactive management actions and supply chain optimization ensured product availability and reliable service across markets. Demand in the UAE and Saudi Arabia remained strong, driven by construction activity and higher project contributions,” Massaad noted.
He added: “We remain focused on executing our strategic priorities, including Cookplay brand integration and value creation across our European, India, and Bangladesh operations. While market conditions remain dynamic, we are well positioned to navigate near-term challenges and deliver sustainable long-term value for our stakeholders.”
In 2025, RAK Ceramics generated 6.20% YoY higher net profits after tax at AED 248.52 million.
