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RAK Ceramics PJSC reported revenue of AED822.8 million for the second quarter of 2026 in a statement issued on Wednesday, reflecting a 0.5 percent decline from AED826.8 million in the same period a year earlier. The company recorded first-half revenue of AED1,583.5 million, which was 1.2 percent lower than the AED1,603.3 million achieved in the first six months of 2025. Gross profit margin improved to 41.0 percent in the quarter from 40.6 percent previously while holding steady at 40.2 percent for the first half.
The ceramics manufacturer posted net profit after tax of AED68.3 million in the April-to-June period, an increase of 2.9 percent from the prior-year quarter, the statement said. Profit before tax stood at AED85.7 million for the second quarter and AED138.7 million for the first half, with the latter down 8.3 percent year on year. EBITDA reached AED157.5 million in the quarter and AED284.8 million in the first half, the company reported.
According to the statement, tiles revenue advanced 1.7 percent in the second quarter while sanitaryware fell 6.9 percent, faucets rose 2.5 percent and tableware decreased 13.3 percent. The company highlighted strong demand in the UAE, where revenue climbed 22.7 percent, alongside gains of 11.6 percent in Saudi Arabia and 20.7 percent in Bangladesh. Performance was softer in Europe and India, where revenues declined 35.7 percent and 15.8 percent respectively.
RAK Ceramics said in the statement that it maintained business continuity through its regional manufacturing footprint despite geopolitical tensions, supply chain disruptions and elevated logistics costs. The company proposed an interim dividend of 10 fils per share for the first half, amounting to AED99.3 million. Net debt stood at AED1.52 billion at the end of June, 2.6 percent lower than a year earlier, with the net debt to EBITDA ratio at 2.48 times.
Group CEO Abdallah Massaad was quoted in the announcement as saying, “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 that strong demand across the UAE, KSA, and Bangladesh, together with proactive management actions and disciplined execution, helped maintain business continuity and profitability. Massaad noted the company would focus on value-led growth and capturing market share in core markets while delivering value creation initiatives across European, Indian and Bangladeshi operations.
The manufacturer, listed on the Abu Dhabi Securities Exchange, has previously reported full-year 2025 revenue of AED3.28 billion according to its earlier corporate filings. That figure represented a 1.6 percent increase from the prior year, driven mainly by UAE demand, the filings showed. RAK Ceramics operates production facilities across multiple countries and supplies products to more than 120 markets worldwide.
Sustainability initiatives, participation in design events such as Milan Design Week, and recognition through international awards formed part of the operational updates in the statement. The company emphasised its commitment to innovation in ceramics and related lifestyle solutions. These efforts align with its strategy to strengthen competitive positioning in a sector influenced by construction activity and consumer trends across the Gulf and beyond.
