HEP Tech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 15, 2022
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HEP Tech Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 237.46 million compared to TWD 114.33 million a year ago. Net loss was TWD 7.2 million compared to TWD 7.28 million a year ago. Basic loss per share from continuing operations was TWD 0.23 compared to TWD 0.24 a year ago. Diluted loss per share from continuing operations was TWD 0.23 compared to TWD 0.24 a year ago. Basic loss per share was TWD 0.23 compared to TWD 0.24 a year ago. Diluted loss per share was TWD 0.23 compared to TWD 0.24 a year ago.
Hep Tech Co., Ltd. is a Taiwan-based company principally engaged in the research and development, manufacture and sales of electric light source driving components. The Company's main products include electronic ballasts, electronic transformers and light emitting diode (LED) drivers. The Company's products are applied in electric light sources such as halogen lamps, fluorescent lamps, mercury lamps, metal halide lamps, high pressure sodium lamps and LED lamps, among others. The Company distributes its products within Taiwan and to overseas markets, including the rest of Asia, Europe and the Americas.