Hep Tech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 14, 2021 at 06:54 pm
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HEP Tech Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 114.325 million compared to TWD 96.486 million a year ago. Operating loss was TWD 4.578 million compared to TWD 10.768 million a year ago. Net loss was TWD 7.279 million compared to net income of TWD 1.352 million a year ago. Basic loss per share was TWD 0.24 compared to basic earnings per share of TWD 0.04 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.