ALVN Discloses Higher Tile and Ceramic Selling Rates
28 October 2026 | 3 hours ago
Alvand Tile, trading as ALVN, said in a group-A Codal disclosure on Wednesday, October 28, 2026 (6 Aban 1405), that its board approved higher domestic selling rates for wall, floor and porcelain tiles. The company puts its average selling rate at 5,860,000 rials, up from 4,805,000 rials, and estimates a 21.97% effect on the average rate for all products.
The disclosed product group represented 91% of the company's revenue in its previous fiscal year. The filing's explanatory text gives 7 Aban as the start date while its effective-date field gives 9 Aban 1405, so the letter does not establish one unambiguous implementation date. A higher rate alone does not establish future sales volumes or realised profit. Codal tracing number: 1622877.
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