Rexon Industrial Corp.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023
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Rexon Industrial Corp.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 2,335.98 million compared to TWD 1,073.24 million a year ago. Revenue was TWD 2,335.98 million compared to TWD 1,073.24 million a year ago. Net income was TWD 210.96 million compared to net loss of TWD 43.15 million a year ago. Basic earnings per share from continuing operations was TWD 1.16 compared to basic loss per share from continuing operations of TWD 0.24 a year ago. Diluted earnings per share from continuing operations was TWD 1.16 compared to diluted loss per share from continuing operations of TWD 0.24 a year ago.
For the nine months, sales was TWD 3,946.82 million compared to TWD 3,652.34 million a year ago. Revenue was TWD 3,946.82 million compared to TWD 3,652.34 million a year ago. Net income was TWD 144.17 million compared to net loss of TWD 182.58 million a year ago. Basic earnings per share from continuing operations was TWD 0.79 compared to basic loss per share from continuing operations of TWD 1.01 a year ago. Diluted earnings per share from continuing operations was TWD 0.79 compared to diluted loss per share from continuing operations of TWD 1.01 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.