Ruentex Development Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
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Ruentex Development Co.,Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 6,354.708 million compared to TWD 3,769.339 million a year ago. Operating income was TWD 933.045 million compared to TWD 440.712 million a year ago. Net income was TWD 3,782.740 million compared to TWD 1,473.720 million a year ago. Basic earnings per share was TWD 2.6 compared to TWD 1.01 a year ago. For the half year, sales was TWD 11,592.143 million compared to TWD 7,628.447 million a year ago. Operating income was TWD 1,507.090 million compared to TWD 784.334 million a year ago. Net income was TWD 10,410.435 million compared to TWD 4,430.337 million a year ago. Basic earnings per share was TWD 7.16 compared to TWD 3.05 a year ago. Diluted earnings per share was TWD 7.15 compared to TWD 3.04 a year ago.
Ruentex Development Co Ltd is a Taiwan-based company mainly engaged in the construction business. The Company operates through five business segments. The Construction segment is engaged in the land development business, as well as the investment and construction of residential buildings, villas, office buildings and commercial buildings. The Commercial Real Estate segment is engaged in the leasing of commercial real estate. The Construction Materials segment is engaged in the trading of construction materials such as cement and others. The Volume Sales segment is engaged in the operation of department stores, the logistics business, as well as the retail of various groceries, clothing, electrical appliances, fresh products and others. The Company is also engaged in the operation of Other segment. The Company mainly operates in the Taiwan market.