First Copper Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 12, 2021 at 05:30 pm EDT
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First Copper Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 689.150 million compared to TWD 556.513 million a year ago. Operating income was TWD 73.326 million compared to operating loss of TWD 123.180 million a year ago. Net income was TWD 106.542 million compared to net loss of TWD 208.689 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to basic loss per share from continuing operations of TWD 0.58 a year ago.
FIRST COPPER TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of copper sheets. The products of the Company include brass sheets, red brass sheets, red copper sheets, phosphor bronze sheets, high-performance copper sheets, nickel-copper sheets, special copper alloy sheets and environmentally friendly tinned copper sheets, among others. Its products are applied in electronics parts, electrical appliance parts, switches and materials for military use. The Company also provides processing services of copper sheets. The Company operates businesses in Taiwan, China and Southeast Asia, among others.