China Ceramics Co., Ltd. (CCCL) Reports Q1 EPS of RMB0.26

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China Ceramics Announces First Quarter 2016 Financial Results

June 2, 2016 7:00 AM EDT

JINJIANG, China, June 2, 2016 /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, 2016.

First Quarter 2016 Highlights

Revenue was RMB 134.2 million (US$ 20.8 million), down 36.0% from the first quarter of 2015 Gross profit was RMB 18.0 million (US$ 2.8 million), up 30.4% from the first quarter of 2015 Plant utilization was 18.1%, compared... More