Rexon Industrial Corp.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 07, 2020 at 05:32 am EDT
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Rexon Industrial Corp.,Ltd announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 1,881.592 million compared to TWD 1,545.642 million a year ago. Operating income was TWD 192.407 million compared to TWD 67.440 million a year ago. Net income was TWD 129.629 million compared to TWD 89.282 million a year ago. Basic earnings per share was TWD 0.72 compared to TWD 0.49 a year ago. Diluted earnings per share was TWD 0.71 compared to TWD 0.49 a year ago. For the half year, total revenue was TWD 3,296.930 million compared to TWD 3,589.398 million a year ago. Operating income was TWD 287.760 million compared to TWD 224.284 million a year ago. Net income was TWD 218.759 million compared to TWD 916.976 million a year ago. Basic earnings per share from continuing operations was TWD 1.21 compared to TWD 1.12 a year ago. Basic earnings per share was TWD 1.21 compared to TWD 5.05 a year ago. Diluted earnings per share from continuing operations was TWD 1.2 compared to TWD 1.11 a year ago. Diluted earnings per share was TWD 1.2 compared to TWD 5.03 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.
REXON INDUSTRIAL CORP.,LTD 
