RAKCERAMIC 31-Oct-2013 Mr. S.A.K. Ekramuzzaman, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 20,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
RAKCERAMIC 23-Oct-2013 (Continuation of news of RAKCERAMIC): (b) A new nano polishing machine and a new water squaring machine be purchased with an estimated cost of Tk. 4.46 million and Tk. 4.30 million respectively for more capacity of tiles production and (c) The production capacity of the Company be increased up to 10,000 sqm/day of Tiles and 1,000 pcs/day of Sanitaryware with an estimated cost of Tk. 2,300.00 million. (end)
RAKCERAMIC 23-Oct-2013 The Company has informed that the Board of Directors of the Company has decided the following: a) The entire shareholding i.e. 10,200 and 51,000 ordinary shares @ Tk. 100 each of RAK Food & Beverage Private Limited and Classic Porcelain Private Limited [Subsidiaries of RAK Ceramics (Bangladesh) Limited] respectively be sold/disposed of due to delay process in project implementation and the Company could not match its return on investment as per expectation; (cont.)
RAKCERAMIC 23-Oct-2013 (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2013 (July'13 to Sep'13), the Company has reported consolidated profit after tax (excluding non-controlling interests) of Tk. 158.47 million with consolidated EPS of Tk. 0.52 as against Tk. 148.84 million and Tk. 0.49 respectively for the same period of the previous year. Whereas consolidated profit after tax (excluding non-controlling interests) was Tk. 480.26 million with consolidated EPS of Tk. 1.57 for the period of nine months (Jan'13 to Sep'13) ended on 30.09.2013 as against Tk. 441.21 million and Tk. 1.44 respectively for the same period of the previous year.