First Copper Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 08:56 am EDT
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First Copper Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 2,260.596 million compared to TWD 2,544.943 million a year ago. Operating loss was TWD 75.903 million compared to TWD 145.145 million a year ago. Net income was TWD 79.210 million compared to net loss of TWD 99.342 million a year ago. Basic earnings per share from continuing operations was TWD 0.22 compared to basic loss per share from continuing operations of TWD 0.28 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.