Ruentex Materials Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 05:38 pm EDT
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Ruentex Materials Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 657.689 million compared to TWD 725.597 million a year ago. Operating loss was TWD 35.207 million compared to operating Income of TWD 23.289 million a year ago. Net loss was TWD 39.866 million compared to net income of TWD 13.396 million a year ago. Basic loss per share was TWD 0.27 compared to basic earnings per share of TWD 0.09 a year ago.
Ruentex Materials Co.,Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of cements and construction materials and engineering contract. Its cements are applied in general constructions, highways and other projects. Its building materials are applied in mudworks after the engineering structures, including rendering, painting, tiling and caulking. Its engineering contract businesses include office decoration design engineering, community landscape engineering, shopping malls landscape engineering and restaurants and hotels decoration design engineering. The Company mainly operates its products in Taiwan.