Ruentex Engineering & Construction Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 03:50 am IST
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Ruentex Engineering & Construction Co., 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 5,804.46 million compared to TWD 6,281.89 million a year ago. Net income was TWD 606.28 million compared to TWD 733.89 million a year ago. Basic earnings per share from continuing operations was TWD 3.28 compared to TWD 3.97 a year ago. Diluted earnings per share from continuing operations was TWD 3.28 compared to TWD 3.96 a year ago.
For the nine months, sales was TWD 16,219.91 million compared to TWD 17,614.31 million a year ago. Net income was TWD 1,202.67 million compared to TWD 1,508.21 million a year ago. Basic earnings per share from continuing operations was TWD 6.5 compared to TWD 8.15 a year ago. Diluted earnings per share from continuing operations was TWD 6.5 compared to TWD 8.14 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.