Italtile Limited manufactures and retails tiles, bathroom ware, and related products in South Africa. It operates through five segments: Retail, Franchising, Properties, Supply and Support Services, and Manufacturing. The company is involved in franchising and retailing of tiles, brassware, laminated flooring, bathroom ware, lighting product, other home finishing products, and accessories; and distribution of tiles, shower enclosures, brassware, laminated flooring, accessories, and tiling tools. It also invests in and leases properties; and manufactures tiles, sanitary ware, baths, adhesive, grout, paint, and related products. The company offers its products under the U-Light, Italtile Retail, CTM, and TopT brands. As of June 30, 2021, it operated through a network of 206 stores in Southern and East Africa. The company was founded in 1969 and is based in Bryanston, South Africa. Italtile Limited is a subsidiary of Rallen (Pty) Ltd.
Italtile Limited (ITE.JO) - Company Outlook
Company Outlook
| Year | Receivables | Debt | Liabilities | Assets | Current Assets |
|---|---|---|---|---|---|
| 2023 | -862,000,000 | 1.97 B | 10.44 B | 3.91 B | |
| 2022 | 549 M | -132,000,000 | 2 B | 9.77 B | 3.34 B |
| 2021 | 503 M | 511 M | 1.75 B | 8.75 B | 2.64 B |
| 2020 | 425 M | -174,000,000 | 1.89 B | 8.61 B | 3.12 B |
| 2019 | 421 M | -10,000,000 | 1.79 B | 7.42 B | 2.61 B |