HEP Tech Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
March 28, 2022 at 05:31 pm EDT
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HEP Tech Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was TWD 812.24 million compared to TWD 463.81 million a year ago. Net income was TWD 0.157 million compared to net loss of TWD 5.92 million a year ago.
Basic earnings per share from continuing operations was TWD 0.01 compared to basic loss per share from continuing operations of TWD 0.19 a year ago. Diluted earnings per share from continuing operations was TWD 0.01 compared to diluted loss per share from continuing operations of TWD 0.19 a year ago.
Hep Tech Co Ltd is a Taiwan-based company principally engaged in the research and development, manufacture, and sale of electric light source driving components. The main products include electronic ballasts, electronic transformers, and light emitting diode (LED) electronic drivers. The 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, and others. The main function of the product is to provide lighting voltage, stable current, or voltage transformation. The Company is also engaged in the sale of finished vehicles, car boutique modification kits and bicycles. The Company distributes its products within Taiwan and overseas markets, including the rest of Asia, Europe, Americas, and others.