TILE have had issues in the past. However, the improvement in TILE is noteworthy. I use to buy from RCL, they have a good range.
But I went to Tile showroom recently to buy some small stuff and found they have increased their , range of products & service standard. In fact they offer much wider range of other products other than tiles, which is like a monopoly. ( Tile motor, grout, stones, tile gums, new method for tile fixing..etc)
This seems the case with bottom line as well. Now ,trade below PER of 10. You may check quarterly accounts