Hep Tech Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 06:58 am IST
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HEP Tech Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 573.063 million compared to TWD 610.007 million a year ago. Operating income was TWD 1.962 million compared to TWD 9.981 million a year ago. Net income was TWD 889,000 compared to TWD 21.895 million a year ago. Basic earnings per share was TWD 0.03 compared to TWD 0.72 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.