HEP Tech Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 06:57 pm
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HEP Tech Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 183.86 million compared to TWD 188.39 million a year ago. Net loss was TWD 18.42 million compared to net income of TWD 1.71 million a year ago. Basic loss per share from continuing operations was TWD 0.6 compared to basic earnings per share from continuing operations of TWD 0.06 a year ago. Diluted loss per share from continuing operations was TWD 0.6 compared to diluted earnings per share from continuing operations of TWD 0.06 a year ago. Basic loss per share was TWD 0.6 compared to basic earnings per share of TWD 0.06 a year ago. Diluted loss per share was TWD 0.6 compared to diluted earnings per share of TWD 0.06 a year ago.
For the six months, sales was TWD 421.32 million compared to TWD 302.71 million a year ago. Net loss was TWD 25.62 million compared to TWD 5.57 million a year ago. Basic loss per share from continuing operations was TWD 0.84 compared to TWD 0.18 a year ago. Diluted loss per share from continuing operations was TWD 0.84 compared to TWD 0.18 a year ago. Basic loss per share was TWD 0.84 compared to TWD 0.18 a year ago. Diluted loss per share was TWD 0.84 compared to TWD 0.18 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.