China Ceramics Co., Ltd. (CCCL) Swings to Q1 Profit

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China Ceramics Announces First Quarter 2015 Financial Results

June 4, 2015 7:00 AM EDT

JINJIANG, China, June 4, 2015 /PRNewswire/ -- China Ceramics Co., Ltd. (NASDAQ Global Market: CCCL) ("China Ceramics" or the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Highlights

Revenue was RMB 209.8 million (US$ 33.8 million), up 0.5% from the first quarter of 2014 Gross profit was RMB 13.8 million (US$ 2.2 million), up 48.7% from the first quarter of 2014 Plant utilization was... More