Rexon Industrial Corp.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 03, 2020 at 08:40 pm
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Rexon Industrial Corp.,Ltd announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 3,557.638 million compared to TWD 2,211.320 million a year ago. Operating income was TWD 347.297 million compared to TWD 214.255 million a year ago. Net income was TWD 253.913 million compared to TWD 172.272 million a year ago. Basic earnings per share was TWD 1.4 compared to TWD 0.95 a year ago. For the nine months, sales was TWD 6,854.568 million compared to TWD 5,800.718 million a year ago. Operating income was TWD 635.057 million compared to TWD 438.539 million a year ago. Net income was TWD 472.672 million compared to TWD 1,089.248 million a year ago. Basic earnings per share from continuing operations was TWD 2.6 compared to TWD 2.07 a year ago. Basic earnings per share was TWD 2.6 compared to TWD 6 a year ago. Diluted earnings per share from continuing operations was TWD 2.59 compared to TWD 2.05 a year ago. Diluted earnings per share was TWD 2.59 compared to TWD 5.97 a year ago.
REXON INDUSTRIAL CORP., LTD is a Taiwan-based company principally engaged in the manufacture and trading of machine tools. The Company mainly manufactures power tools. Its power tools include metal cutters, stands, tile cutters, cement mixers, polishing machines and impact drills, among others. The Company is also engaged in the manufacture, processing and trading of fitness machines and pneumatic tools. Its fitness machines include treadmills, upright bikes and ellipticals. Its pneumatic tools include nailer kits and others. The Company mainly distributes its products to North America.
REXON INDUSTRIAL CORP.,LTD 
