RAK Ceramics PJSC announced a robust financial performance for the second quarter ended June 30, 2025, driven by strong demand in the UAE and Middle East and enhanced operational efficiencies.
Financial Highlights
- Q2 2025 Revenue: AED826.8 million, up 6.4% YoY
- H1 2025 Revenue: AED1.6 billion, up 2.9%
- Gross Profit Margin:
- Q2: 40.6%, up 110bps YoY
- H1: 40.2%, up 70bps YoY
- EBITDA:
- Q2: AED160.8 million, up 17.5% YoY
- H1: AED296.4 million, up 2.9% YoY
- EBITDA Margin: 19.5% in Q2 vs. 17.6% in Q2 2024
- Profit Before Tax: AED86.7 million, up 45% YoY
- Net Profit After Tax: AED66.4 million, up 30.1% YoY
- Corporate Tax: AED17.2 million in Q2 (vs. AED6.5 million in Q2 2024)
- Net Debt: AED1.56 billion, up AED120.6 million from Q1, driven by capex and working capital needs
CEO Commentary
Abdallah Massaad, Group CEO of RAK Ceramics, stated:
“Q2 2025 delivered solid revenue growth and strong operational performance, reflecting the resilience of our global operations. We’ve driven both volume and value growth in key markets, despite regional headwinds, underscoring the effectiveness of our diversified strategy.”
He added that RAK Ceramics will continue to innovate operations and accelerate strategic initiatives to strengthen its market position and sustain profitability.
