Bestec Power Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 02:37 pm EST
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Bestec Power Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 102.835 million compared to TWD 175.336 million a year ago. Operating loss was TWD 14.041 million compared to TWD 18.073 million a year ago. Net loss was TWD 24.552 million compared to TWD 11.469 million a year ago. Basic loss per share was TWD 0.25 compared to TWD 0.12 a year ago. For the nine months, total revenue was TWD 258.896 million compared to TWD 461.341 million a year ago. Operating loss was TWD 40.757 million compared to TWD 86.756 million a year ago. Net loss was TWD 48.991 million compared to TWD 63.213 million a year ago. Basic loss per share was TWD 0.5 compared to TWD 0.64 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. 
