China Ceramics Announces Dividend Payment
JINJIANG, Fujian Province, China, June 10, 2013
JINJIANG, Fujian Province, China, June 10, 2013 /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 its first semi-annual cash dividend payment to its shareholders of
$0.10 per share. The first announced cash dividend will be payable on July 15,
2013 to shareholders of record on June 13, 2013.The second announced cash
dividend with be payable on January 13, 2014 to shareholders of record on
December 13, 2013. The Company's Board of Directors had previously authorized
the two semi-annual cash dividends on all issued and outstanding shares of
"Our cash dividend is recognition of our positive cash flow outlook despite
challenging conditions in our building materials sector during the first half
of 2013 versus the same time last year," said Mr. Jiadong Huang, CEO of China
Ceramics. "The dividend payment is an expression of our confidence in the
positive outlook for the Company's business prospects in the coming months and
a signal to the market of our continued growth."
About China Ceramics Co., Ltd
China Ceramics Co., Ltd. is a leading manufacturer of ceramic tiles in China.
The Company's ceramic tiles are used for exterior siding, interior flooring,
and design in residential and commercial buildings. China Ceramics' products,
sold under the "Hengda" or "HD", "Hengdeli" or "HDL", the "TOERTO" and
"WULIQIAO" brands, and the "Pottery Capital of Tang Dynasty" brands, are
available in over 2,000 style, color and size combinations and are distributed
through a network of exclusive distributors as well as directly to large
property developers. For more information, please visit
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking
statements" within the meaning and protections of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. Forward-looking statements include statements with
respect to our beliefs, plans, objectives, goals, expectations, anticipations,
assumptions, estimates, intentions, and future performance, and involve known
and unknown risks, uncertainties and other factors, which may be beyond our
control, and which may cause the actual results, performance, capital,
ownership or achievements of the Company to be materially different from
future results, performance or achievements expressed or implied by such
forward-looking statements. All statements other than statements of historical
fact are statements that could be forward-looking statements. You can identify
these forward-looking statements through our use of words such as "may,"
"will," "anticipate," "assume," "should," "indicate," "would," "believe,"
"contemplate," "expect," "estimate," "continue," "plan," "point to,"
"project," "could," "intend," "target" and other similar words and expressions
of the future.
All written or oral forward-looking statements attributable to us are
expressly qualified in their entirety by this cautionary notice, including,
without limitation, those risks and uncertainties described in our annual
report on Form 20-F for the year ended December 31, 2012 and otherwise in our
SEC reports and filings, including the final prospectus for our offering. Such
reports are available upon request from the Company, or from the Securities
and Exchange Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to update,
revise or correct any of the forward-looking statements after the date hereof,
or after the respective dates on which any such statements otherwise are made.
China Ceramics Co., Ltd. CCG Investor Relations Inc.
Edmund Hen, Chief Financial Officer David Rudnick, Account Manager
Email: email@example.com Email: firstname.lastname@example.org
SOURCE China Ceramics Co., Ltd.
Press spacebar to pause and continue. Press esc to stop.