RAK Ceramics Third-Quarter Profit Rises Nearly 16%
Stronger sales in the UAE and other regional markets helped offset higher shipping costs and weaker overseas business during the Iran war.
By Farhan RafidDOHA, Qatar--RAK Ceramics reported a nearly 16% rise in third-quarter profit as stronger sales in the United Arab Emirates and other regional markets helped offset higher shipping costs and weaker overseas business during the Iran war.The U.A.E.-based tiles and sanitaryware maker pos…