Ruentex Engineering & Construction Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 05:13 am EDT
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Ruentex Engineering & Construction Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 5,560.56 million compared to TWD 6,176.35 million a year ago. Net income was TWD 363.89 million compared to TWD 479.37 million a year ago. Basic earnings per share from continuing operations was TWD 1.97 compared to TWD 2.59 a year ago. Diluted earnings per share from continuing operations was TWD 1.97 compared to TWD 2.59 a year ago.
For the six months, sales was TWD 10,339.11 million compared to TWD 11,287.95 million a year ago. Net income was TWD 596.39 million compared to TWD 774.32 million a year ago. Basic earnings per share from continuing operations was TWD 3.22 compared to TWD 4.19 a year ago. Diluted earnings per share from continuing operations was TWD 3.22 compared to TWD 4.18 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.