Bestec Power Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 05:56 am
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Bestec Power Electronics 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 58.74 million compared to TWD 87.7 million a year ago. Revenue was TWD 58.73 million compared to TWD 87.7 million a year ago. Net loss was TWD 8.33 million compared to TWD 29.74 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to TWD 0.02 a year ago. Diluted loss per share from continuing operations was TWD 0.01 compared to TWD 0.2 a year ago. Basic loss per share was TWD 0.12 compared to TWD 0.42 a year ago. Diluted loss per share was TWD 0.12 compared to TWD 0.42 a year ago.
For the six months, sales was TWD 122.15 million compared to TWD 146.53 million a year ago. Revenue was TWD 122.12 million compared to TWD 146.52 million a year ago. Net loss was TWD 28.78 million compared to TWD 26.14 million a year ago. Basic loss per share from continuing operations was TWD 0.19 compared to TWD 0.06 a year ago. Diluted loss per share from continuing operations was TWD 0.19 compared to TWD 0.09 a year ago. Basic loss per share was TWD 0.41 compared to TWD 0.37 a year ago. Diluted loss per share was TWD 0.41 compared to TWD 0.37 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.