Ceramica Remas’ profit skyrocket in 9 months

Updated 11/17/2021 10:30:56 AM

ArabFinance: The net profit of The Arab Ceramic Company (Ceramica Remas) (CERA) surged to EGP 43.22 million during the January-September period of 2021, compared to EGP 8.61 million in the corresponding period of 2020, according to the company’s filing to the Egyptian Exchange.  

During the first half of 2021, the company achieved a net profit of EGP 37.38 million, compared to EGP 5.27 million in the same period a year ago.

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.