Bestec Power Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 14, 2019 at 03:47 pm EDT
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Bestec Power Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced total revenue was TWD 111.198 million compared to TWD 177.403 million a year ago. Operating loss was TWD 43.785 million compared to TWD 41.583 million a year ago. Net loss was TWD 41.035 million compared to TWD 28.487 million a year ago. Basic loss per share was TWD 0.42 compared to TWD 0.29 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.