Keda Cameroon Ceramics quadruples revenue in first full year

Keda Cameroon Ceramics, a subsidiary of China’s Keda Industrial, reported a significant revenue increase in 2025, reaching approximately 58.7 billion FCFA (700.89 million yuan). This represents a 307.9% increase compared to the 171.82 million yuan generated in 2024.

The growth follows the company’s first full year of operations at its Kribi plant, as the production lines only commenced service in the third quarter of 2024. Consequently, the surge reflects both industrial scaling and a base effect from the previous partial year.

Tile sales accounted for 99.3% of the subsidiary’s core revenue. Production volume rose by 139.1%, from 8.87 million to 21.21 million square meters. This output implies a utilization rate of 105.5% relative to the site’s nominal capacity of 20.1 million square meters. While revenue grew, the gross margin rate reportedly decreased by 4.67 percentage points to 30.66%.

These financial details were disclosed in a response to the Shanghai Stock Exchange on July 21, 2026, during a review regarding Keda Industrial’s proposed acquisition of minority shareholders in Tefu International.