Rexon Industrial Corp.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
May 07, 2020 at 02:20 am IST
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Rexon Industrial Corp.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,415.338 million compared to TWD 2,043.756 million a year ago. Operating income was TWD 95.353 million compared to TWD 156.844 million a year ago. Net income was TWD 89.130 million compared to TWD 827.694 million a year ago. Basic earnings per share from continuing operations was TWD 0.49 compared to TWD 0.63 a year ago. Basic earnings per share was TWD 0.49 compared to TWD 4.56 a year ago. Diluted earnings per share from continuing operations was TWD 0.49 compared to TWD 0.62 a year ago. Diluted earnings per share was TWD 0.49 compared to TWD 4.54 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.