Ruentex Materials Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022
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Ruentex Materials Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 723.85 million compared to TWD 858.15 million a year ago. Net loss was TWD 71.41 million compared to net income of TWD 27.47 million a year ago. Basic loss per share from continuing operations was TWD 0.48 compared to basic earnings per share from continuing operations of TWD 0.18 a year ago. Diluted loss per share from continuing operations was TWD 0.48 compared to diluted earnings per share from continuing operations of TWD 0.18 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.