Hep Tech Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:06 pm
Share
HEP Tech Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 145.590 million compared to TWD 166.811 million a year ago. Operating loss was TWD 2.309 million compared to operating Income of TWD 7.176 million a year ago. Net income was TWD 1.642 million compared to TWD 10.194 million a year ago. Basic earnings per share was TWD 0.05 compared to TWD 0.34 a year ago. Diluted earnings per share was TWD 0.05 compared to TWD 0.33 a year ago. For the half year, sales was TWD 295.378 million compared to TWD 312.709 million a year ago. Operating loss was TWD 2.601 million compared to operating Income of TWD 9.562 million a year ago. Net income was TWD 5.467 million compared to TWD 14.384 million a year ago. Basic earnings per share was TWD 0.18 compared to TWD 0.47 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.
HEP TECH CO., LTD. 
