Ruentex Materials Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Ruentex Materials Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 957.02 million compared to TWD 973.38 million a year ago. Net income was TWD 8.98 million compared to net loss of TWD 76.86 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to basic loss per share from continuing operations of TWD 0.51 a year ago. Diluted earnings per share from continuing operations was TWD 0.06 compared to diluted loss per share from continuing operations of TWD 0.51 a year ago.
For the six months, sales was TWD 1,680.87 million compared to TWD 1,831.53 million a year ago. Net loss was TWD 62.43 million compared to TWD 49.39 million a year ago. Basic loss per share from continuing operations was TWD 0.42 compared to TWD 0.33 a year ago. Diluted loss per share from continuing operations was TWD 0.42 compared to TWD 0.33 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.