Ruentex Engineering & Construction Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 10:28 pm
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Ruentex Engineering & Construction Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 2,748.501 million compared to TWD 2,164.101 million a year ago. Operating income was TWD 159.087 million compared to TWD 210.975 million a year ago. Net income was TWD 127.485 million compared to TWD 155.970 million a year ago. Basic earnings per share was TWD 0.94 compared to TWD 1.16 a year ago. Diluted earnings per share was TWD 0.94 compared to TWD 1.15 a year ago. For the half year, sales was TWD 4,672.618 million compared to TWD 4,100.018 million a year ago. Operating income was TWD 210.613 million compared to TWD 282.865 million a year ago. Net income was TWD 161.410 million compared to TWD 217.424 million a year ago. Basic earnings per share was TWD 1.2 compared to TWD 1.61 a year ago. Diluted earnings per share was TWD 1.19 compared to TWD 1.61 a year ago.
Ruentex Engineering & Construction Co., Ltd. is a Taiwan-based company principally engaged in the construction business. The Company is engaged in the construction of residential buildings, office buildings, commercial buildings, public facilities, industrial plants, civil hotels and others. It also provides precast concrete products, cements and other construction materials. In addition, the Company is also engaged in the provision of labor services. The Company operates its businesses through three segments: construction business, building materials business and interior decoration design. The Company operates its business mainly in Taiwan.