Comments about Ras Al Khaimah Ceramics FY 2006 results
Disclosure says established date 24 Sep 1989. ESCA says 26 Mar 1989.
Summary includes details of Cost of Sales, Indirect Expenses, Minority Interest. All figures increased about 15-30% from 2005 to 2006.
Decreasing returns on Assets due to sizeable increase in Assets but from what? There was some expansion during the year. Revenue has also increased but profit not as much. Returns on Equity and Sales have decreased as a result. What is happening to all their revenue is the question that needs to be answered.
Have your say in the RAKCEC 2006 FY results forum topic, includes directors reports and news, if available.
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