Rexon Industrial Corp.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 02:03 pm EST
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Rexon Industrial Corp.,Ltd announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 2,211.320 million compared to TWD 1,480.489 million a year ago. Operating income was TWD 214.255 million compared to TWD 141.467 million a year ago. Net income was TWD 172.272 million compared to TWD 85.029 million a year ago. Basic earnings per share from continuing operations was TWD 0.95 compared to TWD 0.71 a year ago. Basic earnings per share was TWD 0.95 compared to TWD 0.47 a year ago. For the nine months, sales was TWD 5,800.718 million compared to TWD 3,530.079 million a year ago. Operating income was TWD 438.539 million compared to TWD 168.598 million a year ago. Net income was TWD 1,089.248 million compared to TWD 153.146 million a year ago. Basic earnings per share from continuing operations was TWD 2.07 compared to TWD 1.11 a year ago. Basic earnings per share was TWD 6 compared to TWD 0.84 a year ago. Diluted earnings per share from continuing operations was TWD 2.05 compared to TWD 1.11 a year ago. Diluted earnings per share was TWD 5.97 compared to TWD 0.84 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 
