Bestec Power Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 11:36 am EST
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Bestec Power Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 175.352 million compared to TWD 201.527 million a year ago. Sales was TWD 0 compared to negative sales of TWD 5,000 a year ago. Operating loss was TWD 18.073 million compared to TWD 42.037 million a year ago. Net loss was TWD 11.469 million compared to TWD 49.467 million a year ago. Basic loss per share was TWD 0.12 compared to TWD 0.5 a year ago. For the nine months, sales was TWD 462.185 million compared to TWD 569.001 million a year ago. Operating loss was TWD 86.756 million compared to TWD 129.049 million a year ago. Net loss was TWD 63.213 million compared to TWD 122.098 million a year ago. Basic loss per share was TWD 0.64 compared to TWD 1.24 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. 
