Rak Ceramics Bangladesh Ltd operates in the Ceramic wall and floor tile sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Rak Ceramics Bangladesh Ltd with three other
clay and ceramic product manufacturers in Asia:
Nitco Limited
of INDIA
(2019
sales of 5.96 billion Indian Rupees [US$81.71 million]
of which 100%
was Tiles & Other Related Products),
Union Mosaic Industry PCL
of THAILAND
(2.41 billion Thai Bahts [US$80.53 million]
), and
Orient Bell Ltd
which is
based in INDIA
(5.71 billion Indian Rupees [US$78.25 million]
).
Sales Analysis.
Rak Ceramics Bangladesh Ltd reported sales of 6.46 billion Bangladeshi Taka (US$76.40 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 5.4%
versus 2018, when the company's sales were 6.83 billion Bangladeshi Taka.
Contributing to the drop in overall sales was the 12.9% decline
in Security and Services, from 61.89 million Bangladeshi Taka to 53.91 million Bangladeshi Taka.
There were also decreases in sales in
Creamics and Sanitary Ware (down 5.3% to 6.41 billion Bangladeshi Taka)
.