Ruentex Engineering & Construction Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 11:49 am
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Ruentex Engineering & Construction Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 3,014.299 million compared to TWD 2,186.948 million a year ago. Operating income was TWD 214.847 million compared to TWD 186.590 million a year ago. Net income was TWD 267.148 million compared to TWD 285.038 million a year ago. Basic earnings per share was TWD 1.98 compared to TWD 2.11 a year ago. For the nine months, sales was TWD 7,686.917 million compared to TWD 6,286.966 million a year ago. Operating income was TWD 425.460 million compared to TWD 469.455 million a year ago. Net income was TWD 428.558 million compared to TWD 502.462 million a year ago. Basic earnings per share was TWD 3.17 compared to TWD 3.72 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.