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Rak Ceramics (Bangladesh) Limited (Bangladesh)

Main Activities: Clay Product and Refractory Manufacturing
Full name: Rak Ceramics (Bangladesh) Limited Profile Updated: July 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company is engaged in manufacturing and marketing ceramics tiles, bathroom sets and all types of sanitary ware. It has started its commercial production on 12 November 2000. The commercial production of its new sanitary ware plant, expansion unit of ceramics facilities, tiles, and sanitary plant was started on 10 January 2004, 1 July 2004, 1 September 2007 and 1 April 2015 respectively.
Mission: Our mission is to foster an internalculture that remains committed to ourvision of becoming the world's leading ceramics lifestyle solutions provider. We will accomplish this by utilising our rich experience, our wide product range, our innovative approach, and our continuing emphasis to deliver quality. We will focus on building a world-class organisation.we have applied our expertise in some ofthe most iconic and innovative projects,and we aim to continue to push the boundaries in new and exciting projects as we move forward.
Vision: Our vision is to be the world's leading ceramics lifestyle solutions provider.
History:
1998: The Company was incorporated in Bangladesh on 26 November 1998 as a Private Company limited by shares under the Companies Act, 1994.
2008: The Company was later converted from a Private Limited into a Public Limited on 10 June 2008 after observance of required formalities as per laws.
2010: The Company was listed on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on 13 June 2010.

2009: The Company changed its name from RAK CERAMICS (BANGLADESH) PVT. LIMITED to RAK CERAMICS (BANGLADESH) LIMITED on 2 November 2009.

Legal Address
Rak Tower (7Th, 8Th 9Th Floor), 1/A Jasimuddin Avenue, Sector-3, Uttara Model Town
Dhaka; Dhaka; Postal Code: 1230

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Website: http://www.rakceramics.com/bangladesh

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1998
Key Executives
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Chairman
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Chief Financial Officer
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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68.13%
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27.92%
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3.95%
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Subsidiaries
Rak Power Pvt. Ltd.
99.99%
Rak Security And Services (Pvt.) Limited
90%
Company Performance
Financial values in the chart are available after Rak Ceramics (Bangladesh) Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net sales revenue
-16.48%
Total operating revenue
-16.47%
Operating profit (EBIT)
-64.92%
EBITDA
-37.22%
Net Profit (Loss) for the Period
-87.12%
Total assets
7.87%
Total equity
-0.78%
Operating Profit Margin (ROS)
-6.05%
Net Profit Margin
-6.33%
Return on Equity (ROE)
-3.32%
Debt to Equity Ratio
18.29%
Quick Ratio
-0.03%
Cash Ratio
-0.02%

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