Ruentex Materials Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 12:12 am
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Ruentex Materials Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 747.522 million compared to TWD 768.639 million a year ago. Operating income was TWD 40.227 million compared to TWD 9.357 million a year ago. Net income was TWD 32.671 million compared to TWD 2.037 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 0.01 a year ago. For the half year, sales was TWD 1,405.211 million compared to TWD 1,494.236 million a year ago. Operating income was TWD 5.020 million compared to TWD 32.646 million a year ago. Net loss was TWD 7.195 million compared to net income of TWD 15.433 million a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 0.1 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.