HEP Tech Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 07:31 am
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HEP Tech Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 133.41 million compared to TWD 183.86 million a year ago. Net loss was TWD 62.17 million compared to TWD 18.42 million a year ago. Basic loss per share from continuing operations was TWD 1.76 compared to TWD 0.6 a year ago. Diluted loss per share from continuing operations was TWD 1.76 compared to TWD 0.6 a year ago.
For the six months, sales was TWD 290.92 million compared to TWD 421.32 million a year ago. Net loss was TWD 99.24 million compared to TWD 25.62 million a year ago. Basic loss per share from continuing operations was TWD 2.81 compared to TWD 0.84 a year ago. Diluted loss per share from continuing operations was TWD 2.81 compared to TWD 0.84 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. 
