Bestec Power Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Bestec Power Electronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 111.57 million compared to TWD 102.85 million a year ago. Revenue was TWD 111.54 million compared to TWD 102.84 million a year ago. Net loss was TWD 3.88 million compared to TWD 24.55 million a year ago. Basic loss per share from continuing operations was TWD 0.0559 compared to TWD 0.3496 a year ago. Diluted loss per share from continuing operations was TWD 0.0559 compared to TWD 0.3496 a year ago. Basic loss per share was TWD 0.0559 compared to TWD 0.3496 a year ago. Diluted loss per share was TWD 0.0559 compared to TWD 0.3496 a year ago.
For the nine months, sales was TWD 270.82 million compared to TWD 258.95 million a year ago. Revenue was TWD 270.77 million compared to TWD 258.9 million a year ago. Net loss was TWD 30.02 million compared to TWD 48.99 million a year ago. Basic loss per share from continuing operations was TWD 0.4335 compared to TWD 0.6992 a year ago. Diluted loss per share from continuing operations was TWD 0.4335 compared to TWD 0.6992 a year ago. Basic loss per share was TWD 0.4335 compared to TWD 0.6992 a year ago. Diluted loss per share was TWD 0.4335 compared to TWD 0.6992 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.