Ruentex Materials Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Ruentex Materials Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,315.24 million compared to TWD 957.02 million a year ago. Net income was TWD 37.91 million compared to TWD 8.98 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.25 compared to TWD 0.06 a year ago.
For the six months, sales was TWD 2,481.06 million compared to TWD 1,680.87 million a year ago. Net income was TWD 42.13 million compared to net loss of TWD 62.43 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to basic loss per share from continuing operations of TWD 0.42 a year ago. Diluted earnings per share from continuing operations was TWD 0.28 compared to diluted loss per share from continuing operations of TWD 0.42 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.