SINA Raises Domestic Tile and Porcelain Prices by Up to 15% From 6 November

Sina Tile and Ceramic Industries (known by its Persian name Kasaveh, ticker SINA) said in a Group A Codal disclosure published on Wednesday, 4 November 2026 (13 Aban 1405), that its board will raise average domestic selling prices of wall tile, floor tile and porcelain by up to 15 percent from 6 November 2026 (15 Aban 1405). The company cited higher input costs from inflation and the rise in the exchange rate, and the aim of protecting profitability.

Per the disclosure table, wall tile goes from 4,835,701 to 5,561,056 and floor tile from 7,470,461 to 8,591,030; the form does not state the unit of these rates. The company had forecast fiscal 1405 operating revenue of 38,714,723 million rials on budgeted rates and says the increase lifts it to 45,597,179 million rials, about 6,882,456 million rials (688 billion tomans) more. Cost of goods sold is projected at 69 percent of operating revenue. On export prices, the company will decide after reviewing competitors and target markets.