RAK Ceramics (Bangladesh) Limited (DSE:RAKCERAMIC)

RAK Ceramics (Bangladesh) Income Statement

Financials in millions BDT. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	7,373	6,670	7,819	7,453	6,851
Revenue Growth (YoY)	10.55%	-14.70%	4.91%	8.79%	29.54%
Cost of Revenue	6,426	5,549	5,897	5,503	4,831
Gross Profit	947.78	1,120	1,922	1,951	2,021
Selling, General & Admin	949.6	904.76	1,046	996.02	897.21
Operating Expenses	981.55	894.9	1,063	998.95	897.49
Operating Income	-33.77	225.33	859.35	951.88	1,123
Interest Expense	-232.15	-162.64	-41.28	-26.58	-5.7
Interest & Investment Income	13.81	13.66	30.9	48.91	44.82
Currency Exchange Gain (Loss)	-29.16	-16	-27.38	-79.49	-2.58
Other Non Operating Income (Expenses)	-6.08	-8.8	-2.56	-3.21	-2.11
EBT Excluding Unusual Items	-287.36	51.54	819.04	891.52	1,157
Gain (Loss) on Sale of Assets	0.93	-	-	-	-
Asset Writedown	-	0.08	-0.9	-1.87	-3.38
Pretax Income	-286.42	51.62	818.14	889.65	1,154
Income Tax Expense	109.51	78.95	199.75	218.06	248.92
Earnings From Continuing Operations	-395.93	-27.33	618.39	671.59	905.19
Minority Interest in Earnings	-	-0	-0	-0	-0
Net Income	-395.93	-27.33	618.39	671.59	905.19
Net Income to Common	-395.93	-27.33	618.39	671.59	905.19
Net Income Growth	-	-	-7.92%	-25.81%	191.38%
Shares Outstanding (Basic)	428	428	428	428	428
Shares Outstanding (Diluted)	428	428	428	428	428
EPS (Basic)	-0.93	-0.06	1.44	1.57	2.12
EPS (Diluted)	-0.93	-0.06	1.44	1.57	2.12
EPS Growth	-	-	-8.24%	-25.81%	191.38%
Free Cash Flow	205.27	-252.31	-686.85	-426.48	450.43
Free Cash Flow Per Share	0.48	-0.59	-1.60	-1.00	1.05
Dividend Per Share	-	1.000	1.000	1.000	1.250
Dividend Growth	-	-	-	-20.00%	25.00%
Gross Margin	12.85%	16.80%	24.58%	26.17%	29.49%
Operating Margin	-0.46%	3.38%	10.99%	12.77%	16.39%
Profit Margin	-5.37%	-0.41%	7.91%	9.01%	13.21%
Free Cash Flow Margin	2.78%	-3.78%	-8.78%	-5.72%	6.58%
EBITDA	473.01	734.87	1,319	1,395	1,575
EBITDA Margin	6.42%	11.02%	16.88%	18.71%	22.99%
D&A For EBITDA	506.78	509.54	460.14	442.73	452.32
EBIT	-33.77	225.33	859.35	951.88	1,123
EBIT Margin	-0.46%	3.38%	10.99%	12.77%	16.39%
Effective Tax Rate	-	152.95%	24.41%	24.51%	21.57%
Advertising Expenses	77.51	81.83	93.96	115.33	74.97

Source: S&P Global Market Intelligence. Standard template. Financial Sources.