HEP Tech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:23 am EST
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HEP Tech Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 180.54 million compared to TWD 209.47 million a year ago. Net loss was TWD 48.33 million compared to TWD 23.55 million a year ago. Basic loss per share from continuing operations was TWD 1.37 compared to TWD 0.7 a year ago. Diluted loss per share from continuing operations was TWD 1.37 compared to TWD 0.7 a year ago.
For the nine months, sales was TWD 471.45 million compared to TWD 630.79 million a year ago. Net loss was TWD 147.56 million compared to TWD 49.17 million a year ago. Basic loss per share from continuing operations was TWD 4.18 compared to TWD 1.55 a year ago. Diluted loss per share from continuing operations was TWD 4.18 compared to TWD 1.55 a year ago.
Hep Tech Co., Ltd. is a Taiwan-based company principally engaged in the research and development, manufacture and sales of electric light source driving components. The Company's main products include electronic ballasts, electronic transformers and light emitting diode (LED) drivers. The Company's products are applied in electric light sources such as halogen lamps, fluorescent lamps, mercury lamps, metal halide lamps, high pressure sodium lamps and LED lamps, among others. The Company distributes its products within Taiwan and to overseas markets, including the rest of Asia, Europe and the Americas.
HEP TECH CO., LTD. 
