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RAK Ceramics Financial Performance Shows Moderate Dip in Q2

RAK Ceramics

RAK Ceramics (Bangladesh) Limited, a prominent company in the ceramics industry, has recently released its financial reports for the second quarter of the fiscal year 2023, covering the period from April to June. The company’s consolidated earnings per share (EPS) for this quarter stood at Tk. 0.30, showing a decrease from Tk. 0.44 in the corresponding period of the previous year, indicating a slight dip in profitability.

In addition to the Q2 results, RAK Ceramics (Bangladesh) Limited reported its consolidated EPS for the first half of the year. The EPS for January to June 2023 amounted to Tk. 0.67, reflecting a decline from Tk. 1.01 recorded in the same period of 2022.

Furthermore, the company disclosed its consolidated net asset value (NAV) per share, which serves as a measure of its financial standing. As of June 30, 2023, the consolidated NAV per share was Tk. 17.51, exhibiting a modest increase from Tk. 17.28 recorded on June 30, 2022.

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