Bestec Power Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
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Bestec Power Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 95.117 million compared to TWD 93.934 million a year ago. Operating loss was TWD 26.898 million compared to TWD 7.129 million a year ago. Net loss was TWD 29.735 million compared to TWD 295,000 a year ago. Basic loss per share from continuing operations was TWD 0.31. For the half year, total revenue was TWD 159.239 million compared to TWD 156.061 million a year ago. Operating loss was TWD 55.321 million compared to TWD 26.716 million a year ago. Net loss was TWD 26.137 million compared to TWD 24.439 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to TWD 0.25 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.