Rexon Industrial Corp.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
March 23, 2020 at 03:53 am IST
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Rexon Industrial Corp.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was TWD 7,902.085 million compared to TWD 6,185.512 million a year ago. Operating income was TWD 693.724 million compared to TWD 543.584 million a year ago. Net income was TWD 1,272.197 million compared to TWD 398.728 million a year ago. Basic earnings per share from continuing operations was TWD 3.08 compared to TWD 2.54 a year ago. Basic earnings per share was TWD 7.01 compared to TWD 2.2 a year ago. Diluted earnings per share from continuing operations was TWD 3.05 compared to TWD 2.53 a year ago. Diluted earnings per share was TWD 6.96 compared to TWD 2.19 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.