HEP Tech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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HEP Tech Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 241.58 million compared to TWD 123.69 million a year ago. Net income was TWD 2.43 million compared to net loss of TWD 5.42 million a year ago. Basic earnings per share from continuing operations was TWD 0.08 compared to basic loss per share from continuing operations of TWD 0.18 a year ago. Diluted earnings per share from continuing operations was TWD 0.08 compared to diluted loss per share from continuing operations of TWD 0.18 a year ago.
For the nine months, sales was TWD 544.29 million compared to TWD 347.11 million a year ago. Net loss was TWD 3.14 million compared to TWD 0.863 million a year ago. Basic loss per share from continuing operations was TWD 0.1 compared to TWD 0.03 a year ago. Diluted loss per share from continuing operations was TWD 0.1 compared to TWD 0.03 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. 
