Bestec Power Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 01:48 pm EDT
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Bestec Power Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 93.934 million compared to TWD 174.807 million a year ago. Operating loss was TWD 7.129 million compared to TWD 24.898 million a year ago. Net loss was TWD 295,000 compared to TWD 10.709 million a year ago. Basic eps was TWD 0 compared to basic loss per share of TWD 0.11 a year ago. For the half year, total revenue was TWD 156.061 million compared to TWD 286.005 million a year ago. Operating loss was TWD 26.716 million compared to TWD 68.683 million a year ago. Net loss was TWD 24.439 million compared to TWD 51.744 million a year ago. Basic loss per share was TWD 0.25 compared to TWD 0.53 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.
BESTEC POWER ELECTRONICS CO., LTD. 
