Exhibit 99.1





|Contact Information:                |                                   
|----------------------------------- | ----------------------------------
|China Ceramics Co., Ltd.            | Precept Investor Relations LLC    
|Edmund Hen, Chief Financial Officer | David Rudnick, Account Manager    
|Email: info@cceramics.com           | Email: david.rudnick@preceptir.com
|                                    | Phone: +1 917-864-8849            



China Ceramics Announces Fourth Quarter
and
Fiscal Year End 2014 Financial Results



Jinjiang, Fujian Province, China, April
14, 2015–China Ceramics Co., Ltd. (NASDAQ Global Market: CCCL) (“China Ceramics” or the “Company”),
a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and
commercial buildings, today announced financial results for the fourth quarter ended December 31, 2014.



Fourth Quarter 2014 Highlights

| | § | Revenue was RMB 240.1 million (US$ 38.7 million),
up 9.0% from the fourth quarter of 2013
| | - | -----------------------------------------------------------------------------------------

| | § | Gross profit was RMB 29.1 million (US$ 4.7
million), as compared to a gross loss of RMB 6.5 million in the fourth quarter of 2013
| | - | ---------------------------------------------------------------------------------------------------------------------------------

| | § | Plant utilization was 39% as compared to
47% in the fourth quarter of 2013
| | - | --------------------------------------------------------------------------

| | § | Net profit was RMB 4.8 million (US$ 0.8 million)
as compared to net loss of RMB 10.6 million in the fourth quarter of 2013.
| | - | ---------------------------------------------------------------------------------------------------------------------------

| | § | Unrestricted cash at December 31, 2014 was
RMB 61.2 million (US$ 9.9 million), or RMB 2.99 (US$ 0.48) per share.
| | - | ----------------------------------------------------------------------------------------------------------------



“We are pleased to report sound financial
results for the fourth quarter of 2014, with a 9% increase in revenue and positive net earnings, driven by an increase in our sequential
average selling price and modestly higher sales volume. The fourth quarter saw nearly a 9% increase in our average selling price
attributable to a moderately improved macroeconomic environment, our strong marketing efforts and long-standing reputation for
best-in-class products and service. During the fourth quarter, we were careful not to incur unnecessary costs and so utilized production
facilities capable of producing 28 million square meters of ceramic tiles per year out of a total annual production capacity of
72 million square meters. We will bring additional capacity online as the business environment improves,” said Mr. Jiadong
Huang, CEO of China Ceramics.



“For the full year 2014, we generated
an 11% increase in revenue, a 93% increase in our gross profit and solid operating profit before taking income statement deductions
for realized and unrealized derivatives losses. In addition, in 2014 we responded quickly to regulatory requirements by changing
our fuel sourcing to natural gas from coal in our Hengda plant and we increased our advertising to promote newly developed products
to retain our competitive edge. We also saw more than a doubling in the sales of our high-margin polished glazed ceramic tiles
in 2014. We believe that demand for this series of ceramic tile, which can be manufactured according to customer specifications
and are used for both functional and decorative uses inside homes, will continue to increase. We believe that our ability to adapt
to market conditions while capitalizing upon market opportunities is a key competitive advantage.













“Looking ahead to 2015, we believe
that the operating environment will improve modestly as compared to last year and that the macroeconomic fundamentals underlying
our business are sustainable. In our view, urbanization is a long-term phenomenon in China that continues to be vital to economic
growth and prosperity and the real estate and construction sectors continue to be very important growth sectors of the Chinese
economy. While we are prepared for occasional sector cyclicality, we believe that our well-capitalized balance sheet, modernized
facilities and reputation as a premier ceramic tile producer enables us to weather occasionally volatile business conditions and
capitalize upon the opportunities presented by China’s growth and development,” concluded Mr. Jiadong Huang.



Fourth Quarter 2014 Results



Revenue for the fourth quarter ended
December 31, 2014 was RMB 240.1 million (US$ 38.7 million), an increase of 9.0% from RMB 220.3 million for the fourth quarter ended
December 31, 2013. The year-over-year increase in revenue was primarily due to an 8.7% increase in average selling price to RMB
31.1 (US$ 5.01) in the fourth quarter of 2014 from RMB 28.6 in the same year-ago quarter.



Gross profit for the fourth quarter
ended December 31, 2014 was RMB 29.1 million (US$ 4.7 million), as compared to a gross loss of RMB 6.5 million for the fourth quarter
of 2013. The gross profit margin was 12.1% for the fourth quarter ended December 31, 2014 as compared to a negative gross profit
margin of 2.9% for the fourth quarter of 2013. The year-over-year change in gross profit margin was primarily driven by the 8.7%
increase in average selling price as we raised our selling price on all of our products on July 1, 2014 which drove revenue gains
in the fourth quarter of 2014, as well as the decrease in inventory provision by RMB 22.8 million, which increased the cost of
goods sold in the year-ago quarter.



Realized and unrealized fair value gain
on derivative financial instruments for the fourth quarter ended December 31, 2014 was nil, as compared to RMB 3.1 million
for the fourth quarter of 2013. During the second quarter of 2013 and the first quarter of 2014, we entered into certain foreign
currency transaction agreements with Taishin International Bank for investment purposes. The agreements meet the definition of
a derivative: no initial net investment; value changes in response to the change of exchange rate (US$ versus RMB); and the agreements
are settled at a future date. In July 2014, our Chief Executive Officer and the Company’s largest shareholder, and an affiliate
of our Chief Executive Officer, agreed to assume these agreements. As a result, after July 31, 2014, we are no longer required
to fund any losses related to these agreements, and will neither suffer any future liabilities arising under those agreements nor
realize any benefits arising under those agreements.



Other expensesfor the fourth quarter
ended December 31, 2014 was RMB 6.0 million (US$ 1.0 million), as compared to RMB 0.3 million for the fourth quarter of 2013. The
year-over-year increase in other expenses was mainly caused by the provision for litigation claim of RMB 5.3 million (US $0.9 million)
for the fourth quarter of 2014. The provision reflects an agreement in principle which we have reached with the plaintiffs to settle
all of the outstanding class action litigation. That agreement in principle is subject to the negotiation of mutually acceptable
settlement documents and court approval.



Profit from operations before taxationfor the fourth quarter ended December 31, 2014 was RMB 10.1 million (US$ 1.6 million), as compared to a loss from operations
before taxation of RMB 13.0 million for the fourth quarter of 2013. The year-over-year increase in profit from operations was primarily
the result of the improvement in our gross profit caused primarily by the increase in average selling prices of our products and
the decrease in inventory provision by RMB 22.8 million.



Net profit for the fourth quarter
ended December 31, 2014 was RMB 4.8 million (US$ 0.8 million), as compared to a net loss of RMB 10.6 million for the comparable
period of 2013.





2







Earnings per fully diluted share
were RMB 0.23 (US$ 0.04) for the fourth quarter ended December 31, 2014 as compared to loss per fully diluted share of RMB 0.52
for the fourth quarter of 2013. Per share calculations for the fourth quarters of 2014 and 2013 were computed using 20.4 million
shares outstanding.



Full Year 2014 Results



Revenue for the year ended December 31,
2014 was RMB 1,037.7 million (US$ 167.2 million), an increase of 11.2% as compared to RMB 932.9 million for the year ended December
31, 2013. Gross profit was RMB 104.4 million (US$ 16.8 million), up 93.0% from RMB 54.1 million for the year ended December 31,
2013. Gross margin was 10.1% compared to 5.8% in the same period of 2013. Selling expenses were RMB 14.3 million (US$ 2.3 million),
compared to RMB 9.8 million in the same period of 2013. Administrative expenses were RMB 29.5 million (US$ 4.8 million), compared
to RMB 27.6 million for the same period of 2013. The realized and unrealized fair value loss on derivative financial instruments
was RMB 59.5 million (US$ 9.6 million) in the year ended December 31, 2014, compared to a realized and unrealized fair value gain
of RMB 3.3 million for the same period of 2013. Other expenses were RMB 10.9 million (US$ 1.8 million), compared to RMB 20.2 million
in the same period of 2013. Net loss for the year ended December 31, 2014 was RMB 30.4 million (US$ 4.9 million), compared to a
net loss of RMB 2.0 million for the same period of 2013. This increase in net loss for fiscal 2014 as compared to fiscal 2013 occurred
despite an increase in sales volume and a higher average selling price, which in turn led to an increase in revenue and gross profit
and an improvement in gross margin levels for the full year 2014. The increase in net loss for fiscal 2014 is primarily attributable
to a nonrecurring event, the realized and unrealized fair value loss on derivative financial instruments, which is discussed herein
and addressed in further detail in this document. Loss per fully diluted share was RMB 1.49 (US$ 0.24) for the year ended December
31, 2014 and a loss per fully diluted share of RMB 0.10 in the same period of 2013. Loss per fully diluted share for the year 2014
and 2013 were computed using 20.4 million shares outstanding.



Fiscal Year End 2014 Statements of Selected
Financial Position Items



| | § | Cash
and bank balances were RMB 61.2 million (US$ 9.9 million) as of December 31, 2014, compared with RMB 28.8 million as of December
31, 2013. The increase in cash and bank balances of RMB 32.4 million was primarily the result of cash generated from operating
activities of RMB 22.7 million.
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | § | Short-term
bank borrowings were RMB 84.7 million (US$ 13.7 million) as of December 31, 2014, compared with RMB 99.7 million as of December
31, 2013. The decrease was primarily due to the net repayment of short-term bank borrowings of RMB 15.0 million during the year
2014.
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | § | Inventory
turnover was 125 days as of December 31, 2014 compared with 124 days as of December 31, 2013.
| | - | -------------------------------------------------------------------------------------------------------



| | § | Trade
receivables turnover, net of value added tax, was 156 days as of December 31, 2014 compared with 158 days as of December 31, 2013.
We used to offer a credit period of 90 days to our customers, and had extended the credit period to 150 days to address the funding
pressures among all distributors attributable to the challenging market conditions in China’s real estate industry since
the second quarter of 2012. We extended the credit period to 120 days to other customers as of December 31, 2014.
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | § | Trade
payables turnover, net of value
added tax, was64days as of December 31, 2014 compared with68days as of December 31, 2013. The average turnover days were within the normal credit period of one to four months granted by
our suppliers.
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------





3







Liquidity and Capital Resources



Cash flow used in operating activities
was RMB 2.3 million (US$ 0.4 million) for the quarter ended December 31, 2014, compared to cash flow generated from operating activities
of RMB 27.0 million in the same period in 2013. The year-over-year change of RMB 29.3 million was mainly caused by: (i) a decrease
in trade receivables of RMB 44.5 million for the quarter ended December 31, 2014, compared to RMB 96.5 million in the same period
last year; and (ii) a decrease in trade payables of RMB 106.6 million for the quarter ended December 31, 2014, compared to RMB
69.5 million in the same period last year; offset by (iii) a decrease in inventories of RMB 27.1 million for the quarter ended
December 31, 2014, compared to an increase in inventories of RMB 18.8 million in the same period last year.

Cash flow generated from investing activities
in the quarter ended December 31, 2014 was RMB 0.04 million (US$ 0.01 million), mainly due to interest received, compared to cash
flow used in investing activities of RMB 60.4 million in the same period of 2013, mainly due to the acquisition of equipment and
the payment of restricted cash, offset by gain from derivative financial instruments.



Cash flow generated from financing activities
was RMB nil (US$ nil) due to proceeds from short-term loans offset by the repayment of short-term loans in the quarter ended December
31, 2014, compared to RMB 22.3 million for the same period of 2013, due to the bank borrowings obtained offset by dividends paid.



Plant Capacity and Capital Expenditures
Update



For the fourth quarter of 2014, we utilized
plant capacity capable of producing 28 million square meters of ceramic tiles annually out of a total annual production capacity
of 72 million square meters. This represents a decrease of plant capacity that was utilized in the fourth quarter of 2013 when
we utilized plant capacity capable of producing 34 million square meters of ceramic tiles annually.



For 2014, we utilized plant capacity capable
of producing 37 million square meters of ceramic tiles annually out of a total annual production capacity of 72 million square
meters. This represents an increase of plant capacity that was utilized in 2013 when we utilized plant capacity capable of producing
35 million square meters of ceramic tiles annually.



Our Hengda facility has an annual production
capacity of 42 million square meters of ceramic tiles and we utilized annual capacity capable of producing 23 million square meters
of ceramic tiles in 2014. Our Hengdali facility has an annual production capacity of 30 million square meters and we utilized annual
capacity capable of producing 14 million square meters of ceramic tiles in 2014. We will bring our unused production capacity online
as customer demand dictates and when there are further signs of improvement in China’s real estate and construction sector.



We review the level of capital expenditures
throughout the year and make adjustments subject to market conditions. Although business conditions are subject to change, we anticipate
a modest level of capital expenditures for 2015 other than those associated with minimal upgrades, small repairs and the maintenance
of equipment.



Business Outlook



In the fourth quarter of 2014, the 8.7%
increase of the average selling price of our ceramic as compared to the year-ago quarter drove the quarter’s revenue which
we view as reflective of our sound market positioning. It is our view that modestly improved macroeconomic conditions have emerged
subsequent to the sector downturn in our sector that occurred in late 2012. After having to institute price cuts in late 2012 and
early 2013 in order to maintain market share, we steadily increased our average selling price over the last eight quarters. Consequently,
the average selling price of our ceramic tiles has increased 27.5% to RMB 31.1 per square meter as of the fourth quarter of 2014
from the first quarter of 2013 which reflects a recovery in our product pricing.





4







We typically receive orders from customers
two months in advance of production on a rolling basis. We enter into a dealership agreement with customers and a sales or purchase
contract each time a customer places an order. As of December 31, 2014, our backlog was RMB 137.0 million (US$ 22.1 million) which
represents approximately the next two months of revenue as of the end of the fourth quarter. This compares to a backlog of approximately
RMB 136.6 million as of December 31, 2013, a year-over-year increase of 0.3%. Further, since July 2014, due to an increase in our
production costs (primarily caused by the use of relatively more expensive natural gas instead of coal at the Hengda facility),
we have increased the selling prices of all products by an average of approximately 5%, and of porcelain tiles by approximately
10% in order to maintain our gross margin. We note that the second and third calendar quarters have been the peak season of the
property development industry and, therefore, our quarterly sales are usually highest from May to September compared to the rest
of the year. We have lower sales between the months of January and March due to the effects of cold weather and the PRC Spring
Festival. However, we view the overall increase in revenue during fiscal 2014 as compared to fiscal 2013 as due to our ability
to persevere despite challenging market conditions as well as the continued viability of urbanization that underpins China’s
real estate and construction sectors.



Looking ahead in 2015, we expect improving
market conditions as the year progresses. We believe that the real estate and the construction and building materials sectors continue
to be vital to sustaining China’s economy growth. In order to address the challenging market environment of 2014, the Chinese
government has taken various actions to stimulate real estate development and home purchases. These include the lowering of interest
rates by the central bank, including a recent rate cut in late February 2015, and relaxed reserve requirements for small banks
to increase lending. We believe that these actions could positively impact our business since it could help real estate developer
begin new projects by lowering their cost of borrowing as well as improve mortgage terms for borrowers which would make home purchases
more affordable. Regulatory easing has also included a loosening of home purchase restrictions in second and third tier cities
intended to moderate pricing and increase demand. This could be of direct benefit to the Company since its marketing strategies
have historically focused upon real estate projects in second and third tier cities.



We believe that continued urbanization
trends and the importance of real estate and its associated sectors to China’s economic growth could lead to further government
policies which would be supportive of our business. In addition, competitive pressures over the last year has led to a contraction
in our building materials sector as some smaller, less well capitalized firms who lack our advanced manufacturing capabilities
and deep product platform have left our sector. Additional exits appear likely as government mandates to convert to cleaner and
more expensive fuel sources to lower carbon emissions will also pressure smaller competitors.



Finally, we expect there to be a consolidation
trend among the larger property developers in the year ahead. This would benefit larger ceramic producers such as China Ceramics
who can service these large enterprises and enable us to an opportunity for us to increase our market share in the periods ahead.
We believe that our strong balance sheet, healthy inventory levels, comprehensive product line and ability to implement operating
efficiencies due to our modern plant and equipment are competitive advantages that differentiate us from our competitors. Our goal
is to market more aggressively in the periods ahead and generate higher sales volume consistent with improving market conditions
that would lead to stronger market positioning and continued sound operating results.





5







Conference Call Information



We will host a conference call at 8:00
am ET on Tuesday, April 14, 2015. Listeners may access the call by dialing +1 (866) 395-5819 five to ten minutes prior to the scheduled
conference call time. International callers should dial +1 (706) 643-6986. The conference participant pass code is 9281702.
A replay of the conference call will be available for 14 days starting from 11:00 am ET on April 14, 2015. To access the replay,
dial +1 (855) 859-2056. International callers should dial +1 (404) 537-3406. The pass code is 9281702 for the replay.



Events Occurring in Fiscal 2014 Resolving
the Foreign Currency Transactions



During the second quarter of 2013 and the
first quarter of 2014, we entered into certain foreign currency transaction agreements with Taishin International Bank for investment
purposes. In June 2014, we, our Chief Executive Officer and our Audit Committee set out to attempt to terminate the foreign currency
transactions as to us; and to reach a resolution that would not deplete our liquid assets by virtue of having entered into the
foreign currency transaction agreements. Ultimately, the Chief Executive Officer agreed to cause an entity controlled by him to
assume those agreements and the liabilities arising under those agreements. On July 31, 2014, Sound Treasure Limited, our largest
shareholder and an affiliate of our Chief Executive Officer, entered into a three party agreement (the “Novation”)
with the financial institution that originated the foreign currency transaction agreements and us. Under the Novation, Sound Treasure
Limited assumed these agreements and all assets (mainly deposits placed with the financial institution) and all existing and future
liabilities arising under these agreements, and we were released from the liabilities arising under the foreign currency transaction
agreements. As a result, after July 31, 2014, we are no longer required to fund any losses related to these agreements, and we
will neither suffer any future liabilities arising under those agreements nor enjoy any benefit arising under those agreements.
At the time that each of the foreign currency transaction agreements was established with the financial institution, we were required
to deposit monies with the financial institution. RMB 6.7 million of a total of RMB 15.6 million in deposits were funded on our
behalf by Wong Kung Tok (who is the brother-in-law of the Company’s Chief Executive Officer) at the request of our Chief
Executive Officer, and were included in a total of RMB 40.2 million in loans owed by us to Wong Kung Tok as of July 9, 2014. In
connection with the Novation discussed above, our Chief Executive Officer, Sound Treasure Limited and Wong Kung Tok entered into
an agreement with us (the “Offset Agreement”) pursuant to which loans totaling RMB 20.7 million owed by us to Wong
Kung Tok as of the date of the Offset Agreement were transferred to Sound Treasure Limited and then were forgiven by Sound Treasure
Limited; and in return we agreed to forego any claim to RMB 15.6 million in deposits under the foreign currency transaction agreements
which were transferred to Sound Treasure Limited pursuant to the Novation. As a result of these transactions, Sound Treasure Limited
released us from liabilities aggregating RMB 76.8 million and we transferred ownership of RMB 15.6 million in deposits held at
the financial institution from us to Sound Treasure Limited. Except as disclosed above, neither our Chief Executive Officer nor
any affiliate of the Chief Executive Officer received any remuneration for agreeing to assume the foreign currency transaction
agreements. The material terms of the Novation and the Sound Treasure Agreement were reviewed and approved by our Audit Committee.
As a result of the Novation and the Offset Agreement, approximately RMB 76.8 million in liabilities on our books were extinguished
in the third quarter of 2014 and Capital Reserve was increased by approximately RMB 61.3 million.





6







Events Occurring After the Fourth Quarter
2014 Period



The late filing of the Company’s
Annual Report on Form 20-F for fiscal year 2013 caused the Company’s stock to be halted by Nasdaq for the period from May
1, 2014 to August 6, 2014. This occurred due to questions raised by our previous auditors which have since been addressed and are
detailed in our 2013 annual report. Following the trading halt, several class action complaints were filed against us and certain
individuals associated with the Company.



On February 6, 2015,
the Company and the individual defendants reached an agreement in principle to settle all the outstanding litigation against the
Company and all defendants in consideration for the payment by the Company of US$ 850,000, consisting of a combination of cash
and the Company’s common stock. The settlement is subject to the execution of a mutually acceptable settlement agreement
and the approval of the settlement by the Court. A charge for the settlement amount is included as an expense item in our fiscal
year end 2014 financial statements.



About China Ceramics Co., Ltd.



China Ceramics Co., Ltd. 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”, “Hengdeli”
or “HDL”, the “TOERTO” and “WULIQIAO” brands, and the “Pottery Capital of Tang Dynasty”
brands, are available in over 2,000 style, color and size combinations and are distributed through a network of exclusive distributors
as well as directly to large property developers. For more information, please visit http://www.cceramics.com.



Currency Convenience Translation



The Company’s financial information
is stated in Renminbi (“RMB”). Translations of amounts from RMB into United States dollars (“US$”) in this
earnings release are solely for the convenience of the readers and were calculated at the rate of US$1.00 = RMB 6.2046. The exchange
rate refers to the historical rate as set forth in the H.10 statistical release published by www.federalreserve.gov on December
31, 2014. Such translations should not be construed as representations that RMB amounts could have been, or could be, converted
realized or settled into US$ at that rate on December 31, 2014 or any other rate.



Safe Harbor Statement



Certain of
the statements made in this press release are “forward-looking statements” within the meaning and protections of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking
statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions,
estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may
be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to
be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.
Forward-looking statements in this press release include, without limitation, the continued stable macroeconomic environment in
the PRC, the PRC real estate and construction sectors continuing to exhibit sound long-term fundamentals, our ability to bring
additional capacity online going forward as our business improves, our customers continuing to adjust to our product price increases,
our ability to sustain our average selling price increases and to continue to build volume in the quarters ahead, and whether our
enhanced marketing efforts will help to produce wider customer acceptance of the new price points. All statements other than statements
of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through
our use of words such as “may,” “will,” “anticipate,” “assume,” “should,”
“indicate,” “would,” “believe,” “contemplate,” “expect,” “estimate,”
“continue,” “plan,” “point to,” “project,” “could,” “intend,”
“target” and other similar words and expressions of the future.



All written
or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including,
without limitation, those risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2013
and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities
and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do
not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective
dates on which any such statements otherwise are made.



FINANCIAL TABLES FOLLOW





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|CHINA CERAMICS CO., LTD. AND ITS SUBSIDIARIES                    
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|UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
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|ASSETS AND LIABILITIES                                           
|Non-current assets                                               
|Property, plant and equipment                                    
|Land use rights                                                  
|Goodwill                                                         
|Deferred tax assets                                              
|Long-term prepaid expenses                                       
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|Current assets                                                   
|Inventories                                                      
|Trade receivables                                                
|Other receivables and prepayments                                
|Derivative financial instruments                                 
|Restricted cash                                                  
|Cash and bank balances                                           
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|Current liabilities                                              
|Trade payables                                                   
|Accrued liabilities and other payables                           
|Interest-bearing bank borrowings                                 
|Amounts owed to related parties                                  
|Income tax payable                                               
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|Net current assets                                               
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|Non-current liabilities                                          
|Deferred tax liabilities                                         
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|Net assets                                                       
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|EQUITY                                                           
|Total shareholders’ equity                                       





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|CHINA CERAMICS CO., LTD. AND ITS SUBSIDIARIES                                              
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|UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS                              
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|Revenue                                                                                    
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|Cost of sales                                                                              
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|Gross profit/(loss)                                                                        
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|Other income                                                                               
|Selling and distribution expenses                                                          
|Administrative expenses                                                                    
|Finance costs                                                                              
|Realized and unrealized fair value gain on derivative financial instruments                
|Other expenses                                                                             
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|Profit/(loss) before taxation                                                              
|Income tax (expense)/credit                                                                
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|Profit/(loss) attributable to shareholders                                                 
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|Earnings/(loss) per share                                                                  
|Basic (USD/RMB)                                                                            
|Diluted (USD/RMB)                                                                          
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|Weighted average number of ordinary shares outstanding used in computing earnings per share
|Basic                                                                                      
|Diluted                                                                                    





|CHINA CERAMICS CO., LTD. AND ITS SUBSIDIARIES     
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|SALES VOLUME AND AVERAGE SELLING PRICE (UNAUDITED)
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|Sales volume (square meters)                      
|Average Selling Price (in RMB/square meter)       
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|CHINA CERAMICS CO., LTD. AND ITS SUBSIDIARIES                                                   
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|UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS                                   
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|Cost of sales                                                                                   
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|Gross profit                                                                                    
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|Other income                                                                                    
|Selling and distribution expenses                                                               
|Administrative expenses                                                                         
|Finance costs                                                                                   
|Realized and unrealized fair value (loss)/gain on derivative financial instruments              
|Other expenses                                                                                  
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|Loss before taxation                                                                            
|Income tax (expense)/credit                                                                     
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|Loss attributable to shareholders                                                               
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|Loss per share                                                                                  
|Basic (USD/RMB)                                                                                 
|Diluted (USD/RMB)                                                                               
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|Weighted average number of ordinary shares outstanding used in computing loss/earnings per share
|Basic                                                                                           
|Diluted                                                                                         





|CHINA CERAMICS CO., LTD. AND ITS SUBSIDIARIES     
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|SALES VOLUME AND AVERAGE SELLING PRICE (UNAUDITED)
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|Sales volume (square meters)                      
|Average Selling Price (in RMB/square meter)       





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|CHINA CERAMICS CO., LTD. AND ITS SUBSIDIARIES                                                 
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|UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                                     
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|Cash flows from operating activities                                                          
|Profit/(loss) before taxation                                                                 
|Adjustments for                                                                               
|Amortization of land use rights                                                               
|Depreciation of property, plant and equipment                                                 
|Realized gain from derivative financial instruments                                           
|Fair value gain on derivative financial instruments                                           
|Write down of inventories                                                                     
|Share-based compensation                                                                      
|Finance costs                                                                                 
|Interest income                                                                               
|Foreign exchange loss                                                                         
|Operating cash flows before working capital changes                                           
|Decrease/(increase) in inventories                                                            
|Decrease in trade receivables                                                                 
|(Increase)/decrease in other receivables and prepayments                                      
|Decrease in trade payables                                                                    
|Increase/(decrease) in accrued liabilities, other payables and amounts owed to related parties
|Cash generated from/(used in) operations                                                      
|Interest paid                                                                                 
|Income tax paid                                                                               
|Net cash (used in)/generated from operating activities                                        
|                                                                                              
|Cash flows from investing activities                                                          
|Proceed from derivative financial instruments                                                 
|Acquisition of property, plant and equipment                                                  
|Decrease/(increase) in restricted cash                                                        
|Interest received                                                                             
|Net cash generated from/(used in) investing activities                                        
|                                                                                              
|Cash flows from financing activities                                                          
|Proceed from short-term loan                                                                  
|Repayment of short-term loans                                                                 
|Deposit to stock transfer agent                                                               
|Advance from related party                                                                    
|Net cash generated from financing activities                                                  
|                                                                                              
|Net decrease in cash and cash equivalents                                                     
|Cash and cash equivalents, beginning of period                                                
|Effect of foreign exchange rate differences                                                   
|Cash and cash equivalents, end of period                                                      





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|CHINA CERAMICS CO., LTD. AND ITS SUBSIDIARIES                                                 
|----------------------------------------------------------------------------------------------
|UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                                     
|                                                                                              
|                                                                                              
|                                                                                              
|                                                                                              
|Cash flows from operating activities                                                          
|Loss before taxation                                                                          
|Adjustments for                                                                               
|Amortization of land use rights                                                               
|Depreciation of property, plant and equipment                                                 
|Loss on disposal of property, plant and equipment                                             
|Realized loss/(gain) from derivative financial instruments                                    
|Fair value loss/(gain) on derivative financial instruments                                    
|Write down of inventories                                                                     
|Share-based compensation                                                                      
|Finance costs                                                                                 
|Interest income                                                                               
|Foreign exchange loss                                                                         
|Operating cash flows before working capital changes                                           
|Increase in inventories                                                                       
|Increase in trade receivables                                                                 
|Decrease in other receivables and prepayments                                                 
|(Decrease)/increase in trade payables                                                         
|Increase/(decrease) in accrued liabilities, other payables and amounts owed to related parties
|Cash generated from operations                                                                
|Interest paid                                                                                 
|Income tax paid                                                                               
|Net cash generated from operating activities                                                  
|                                                                                              
|Cash flows from investing activities                                                          
|Proceed from derivative financial instruments                                                 
|Proceed from disposal of property, plant and equipment                                        
|Acquisition of property, plant and equipment                                                  
|Increase in restricted cash                                                                   
|Interest received                                                                             
|Net cash generated from/(used in) investing activities                                        
|                                                                                              
|Cash flows from financing activities                                                          
|Proceeds from short-term loans                                                                
|Repayment of short-term loans                                                                 
|Dividend paid                                                                                 
|Deposit to stock transfer agent                                                               
|Advances from related party                                                                   
|Net cash (used in)/generated from financing activities                                        
|                                                                                              
|Net increase/(decrease) in cash and cash equivalents                                          
|Cash and cash equivalents, beginning of period                                                
|Effect of foreign exchange rate differences                                                   
|Cash and cash equivalents, end of period                                                      
|Non-cash transactions:                                                                        
|Payments of dividends funded by deposit to stock transfer agent                               
|Restricted cash funded by a related party                                                     
|Loss on derivative financial instruments funded by a related party                            
|Transfer of restricted cash to a related party                                                
|Release of liabilities under the Novation Agreement                                           
|Release of liabilities under the Offset Agreement                                             







12