Ruentex Materials Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 10:02 pm
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Ruentex Materials Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 887.776 million compared to TWD 760.706 million a year ago. Operating income was TWD 78.740 million compared to TWD 43.079 million a year ago. Net income was TWD 71.740 million compared to TWD 36.850 million a year ago. Basic earnings per share was TWD 0.48 compared to TWD 0.25 a year ago. For the nine months, sales was TWD 2,292.987 million compared to TWD 2,254.942 million a year ago. Operating income was TWD 83.760 million compared to TWD 75.725 million a year ago. Net income was TWD 64.545 million compared to TWD 52.283 million a year ago. Basic earnings per share was TWD 0.43 compared to TWD 0.35 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.