Bestec Power Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 12:54 pm EST
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Bestec Power Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 201.527 million compared to TWD 267.792 million a year ago. Net loss was TWD 49.467 million compared to net income of TWD 4.926 million a year ago. Basic loss per share was TWD 0.5 compared to basic earnings per share of TWD 0.05 a year ago. For the nine months, sales was TWD 569.001 million compared to TWD 719.635 million a year ago. Net loss was TWD 122.098 million compared to TWD 33.007 million a year ago. Basic loss per share was TWD 1.24 compared to TWD 0.33 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. 
