Ruentex Engineering & Construction Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 01:53 pm
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Ruentex Engineering & Construction Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 3,713.093 million compared to TWD 3,014.299 million a year ago. Operating income was TWD 292.068 million compared to TWD 214.847 million a year ago. Net income was TWD 318.553 million compared to TWD 267.148 million a year ago. Basic earnings per share was TWD 2.36 compared to TWD 1.98 a year ago. For the nine months, sales was TWD 9,383.056 million compared to TWD 7,686.917 million a year ago. Operating income was TWD 523.691 million compared to TWD 425.460 million a year ago. Net income was TWD 507.135 million compared to TWD 428.558 million a year ago. Basic earnings per share was TWD 3.76 compared to TWD 3.17 a year ago. Diluted earnings per share was TWD 3.75 compared to TWD 3.17 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.