Ruentex Materials Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 03:04 pm EST
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Ruentex Materials Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 760.706 million compared to TWD 670.322 million a year ago. Operating income was TWD 43.079 million compared to TWD 29.652 million a year ago. Net income was TWD 36.850 million compared to TWD 26.117 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 0.17 a year ago. For the nine months, sales was TWD 2,254.942 million compared to TWD 1,930.731 million a year ago. Operating income was TWD 75.725 million compared to TWD 84.109 million a year ago. Net income was TWD 52.283 million compared to TWD 63.142 million a year ago. Basic earnings per share was TWD 0.35 compared to 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.