Hep Tech Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 06:02 pm EDT
Share
HEP Tech Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 188.389 million compared to TWD 126.930 million a year ago. Operating income was TWD 2.398 million compared to operating loss of TWD 1.128 million a year ago. Net income was TWD 1.707 million compared to TWD 3.206 million a year ago. Basic earnings per share was TWD 0.06 compared to TWD 0.1 a year ago. For the half year, sales was TWD 302.714 million compared to TWD 223.416 million a year ago. Operating loss was TWD 2.180 million compared to TWD 11.896 million a year ago. Net loss was TWD 5.572 million compared to net income of TWD 4.558 million a year ago. Basic loss per share was TWD 0.18 compared to basic earnings per share of TWD 0.15 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.