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Ceramica Remas sees higher profit

Ceramica Remas sees higher profit

ArabFinance:  The net profit of The Arab Ceramic Company (Ceramica Remas) (CERA) hiked to EGP 30.52 million in 2020, compared 18.63 million in 2019, according to the company’s disclosure to the Egyptian Exchange on February 25th.

 On a yearly basis, the company reported a 61% decline in its net profit in the first half of 2020, registering EGP 5.27 million.

Ceramica Remas is an Egypt-based public shareholding company engaged in the construction supplies industry sector. The company is primarily involved in the production and distribution of sanitary ware sets and ceramic tiles.

 

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