Bestec Power Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022
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Bestec Power Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 63.41 million compared to TWD 58.83 million a year ago. Revenue was TWD 63.39 million compared to TWD 58.82 million a year ago. Net loss was TWD 20.45 million compared to net income of TWD 3.6 million a year ago. Basic loss per share from continuing operations was TWD 0.18 compared to basic earnings per share from continuing operations of TWD 0.29 a year ago. Diluted loss per share from continuing operations was TWD 0.18 compared to diluted earnings per share from continuing operations of TWD 0.29 a year ago. Basic loss per share was TWD 0.29 compared to basic earnings per share of TWD 0.05 a year ago. Diluted loss per share was TWD 0.29 compared to diluted earnings per share of TWD 0.05 a year ago.
BESTEC POWER ELECTRONICS CO., LTD is a Taiwan-based company principally engaged in the research, development, manufacture and sales of power converters and power supplies. The Company's main products include switching power supplies, switching direct current (DC) power supply equipment systems, DC power converters, related materials and others. The Company's products are mainly used in computers, consumer electronics, communications, industrial and test equipment, national defense and aerospace. The Company distributes its products in domestic market and to overseas markets.