Hep Tech Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 07:09 pm
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HEP Tech Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 141.355 million compared to TWD 157.047 million a year ago. Operating loss was TWD 1.154 million compared to operating Income of TWD 1.682 million a year ago. Net loss was TWD 2.326 million compared to net income of TWD 6.240 million a year ago. Basic loss per share was TWD 0.08 compared to basic earnings per share of TWD 0.21 a year ago. Diluted loss per share was TWD 0.08 compared to diluted earnings per share of TWD 0.2 a year ago. For the nine months, sales was TWD 436.733 million compared to TWD 469.756 million a year ago. Operating loss was TWD 3.755 million compared to operating Income of TWD 11.244 million a year ago. Net income was TWD 3.141 million compared to TWD 20.624 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.68 a year ago. Diluted earnings per share was TWD 0.1 compared to TWD 0.67 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. 
