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Monday, 05/03/2010 7:44:10 PM

Monday, May 03, 2010 7:44:10 PM

Post# of 94785
CCLTF - China Ceramics: Play on the PRC’s Construction Industry

Got email from CCG....

China Ceramics (“China Ceramics” or the “Company”, OTCBB: CCLTF) 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" brand, are available in over 2000 style, color and size combinations and are distributed through a network of exclusive distributors or directly to large property developers.

There are very powerful long term trends supporting the construction industry in China. Last year the Chinese government announced a RMB4 trillion plan to stimulate the economy and support China’s continuous urbanization. Despite the rapid growth of urbanization in the past decade there is still significant growth potential in the years ahead… Some analysts forecast that 350 million people will move to cities and five million building will be built by 2025, and the Company expects that growth in population and increase in living space per capita will provide additional support to demand for construction material.

China Ceramics has a consistent track record of execution, strong brand name recognition that has received many coveted awards, deep customer relationships and our management team which has over 20 years of ceramic tile industry experience.

China Ceramics’s total revenues in 2009 were $128.7 million, up 22.1% per year over the past 4 years. Adjusted net profit was $26.2 million in 2009, with a net margin of 20.4%.

China Ceramic’s business plan targets net profit to reach $62 million on revenue of $276 million by 2012, representing growth of approximately 35% p.a. The capital expenditure required reach those levels (in addition to maintenance capex) is approximately $40 million.

To view China Ceramics’ investor PowerPoint, and corporate profile, please go to:

http://www.ccgirasia.com/content/china-ceramics-co-ltd

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