One of its remaining two plants would be in operation at 50 per cent capacity and the other one at 100 per cent. Sanitary ware production lines will run at around 70 per cent of capacity, said the UAE-based tiles manufacturer. In the July-September quarter, RAK Ceramics logged in profit of Tk 12.6 crore, down 34.3 per cent year-on-year. Shares of RAK Ceramics, which got listed in 2010, closed at Tk 26.4 yesterday, down about 0.8 per cent from the previous day. RAK Ceramics announced a 15 per cent cash dividend for its 2019 financial year, in contrast to 10 per cent cash and 10 per cent stock dividend in 2018.

Source: Dhaka Tribune December 21, 2020 18:11 UTC