Rexon Industrial Corp.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 09:52 pm
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Rexon Industrial Corp.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,073.24 million compared to TWD 4,255.86 million a year ago. Net loss was TWD 43.15 million compared to net income of TWD 249.25 million a year ago. Basic loss per share from continuing operations was TWD 0.24 compared to basic earnings per share from continuing operations of TWD 1.37 a year ago. Diluted loss per share from continuing operations was TWD 0.24 compared to diluted earnings per share from continuing operations of TWD 1.37 a year ago.
For the nine months, sales was TWD 3,652.34 million compared to TWD 13,279.72 million a year ago. Net loss was TWD 182.58 million compared to net income of TWD 808.04 million a year ago. Basic loss per share from continuing operations was TWD 1.01 compared to basic earnings per share from continuing operations of TWD 4.45 a year ago. Diluted loss per share from continuing operations was TWD 1.01 compared to diluted earnings per share from continuing operations of TWD 4.43 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 
