Kasadaf Starts Second Tile and Ceramic Production Line, Raising Nominal Capacity to 6.7 Million Square Meters a Year

The company trading under the ticker Kasadaf said in a Group A material disclosure on Codal that, effective September 30, 2026 (8 Mehr 1405), it obtained a new operating license and launched a second production line for larger format floor and wall tiles, with an investment of 5,000,000 million rials. The new line raises the company's nominal production capacity from 2.7 million square meters a year to a combined 6.7 million square meters a year, though the new line's practical output in its first year is estimated at about 50 percent, or 2 million square meters. The company forecast its sales would reach about 6,000,000 million rials by the end of the fiscal year ending March 20, 2027. The company has operated under operating license number 737 since 2021.