Abu dhabi: RAK Ceramics PJSC has announced its financial results for the second quarter ending June 30, 2026, reporting a total revenue of AED822.8 million. This reflects a slight decline of 0.5 percent year-on-year from AED826.8 million in the same period of 2025.
According to Emirates News Agency, for the first half of 2026, RAK Ceramics' total revenue amounted to AED1,583.5 million, a decrease of 1.2 percent compared to AED1,603.3 million in the first half of 2025. Despite the revenue dip, the company's gross profit margin saw an increase to 41.0 percent in the second quarter of 2026, compared to 40.6 percent in the corresponding quarter of 2025. In the first half of 2026, the gross profit margin remained steady at 40.2 percent, consistent with the previous year.
The company attributed its performance to strong demand in the UAE, KSA, and Bangladesh, along with proactive management and disciplined execution, which helped maintain business continuity and profitability. RAK Ceramics emphasized its focus on expanding market share in the region while supporting customers in other markets by leveraging its production and distribution capabilities.
In Q2 2026, RAK Ceramics' profit before tax experienced a slight decline of 1.1 percent year-on-year, amounting to AED85.7 million compared to AED86.7 million in Q2 2025. For the first half of 2026, profit before tax fell by 8.3 percent year-on-year to AED138.7 million, down from AED151.2 million in H1 2025. However, the company reported a 2.9 percent year-on-year increase in net profit after tax, reaching AED68.3 million in Q2 2026, up from AED66.4 million in the previous year. For the first half of 2026, net profit after tax decreased by 7.6 percent year-on-year to AED106.5 million, compared to AED115.2 million in H1 2025.
The company's EBITDA in Q2 2026 saw a marginal decline of 2.0 percent, amounting to AED157.5 million, compared to AED160.8 million in Q2 2025. For H1 2026, EBITDA decreased by 3.9 percent year-on-year to AED284.8 million, down from AED296.4 million in H1 2025. The net debt position improved, standing at AED1.52 billion, a reduction of 2.6 percent year-on-year, with the net debt to EBITDA ratio decreasing to 2.48x from 2.53x in March 2026.
Abdallah Massaad, Group Chief Executive Officer of RAK Ceramics, highlighted the company's stable performance in Q2 2026 despite challenges such as regional geopolitical tensions, supply chain disruptions, and increased logistics costs. He stated that the company prioritized increasing market share while supporting customers in other markets, leveraging its strong brand, product quality, and regional manufacturing footprint. Massaad expressed confidence in delivering sustainable long-term value for stakeholders by focusing on value-led growth and capturing market share opportunities in core markets.