First Copper Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 03:44 pm EDT
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First Copper Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 641.330 million compared to TWD 804.860 million a year ago. Operating loss was TWD 51.139 million compared to operating Income of TWD 20.944 million a year ago. Net loss was TWD 52.919 million compared to TWD 2.973 million a year ago. Basic loss per share was TWD 0.15 compared to TWD 0.01 a year ago. For the half year, total revenue was TWD 1,234.221 million compared to TWD 1,591.850 million a year ago. Operating loss was TWD 58.805 million compared to operating Income of TWD 59.921 million a year ago. Net loss was TWD 44.390 million compared to net income of TWD 28.610 million a year ago. Basic loss per share was TWD 0.12 compared to basic earnings per share of TWD 0.08 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.
FIRST COPPER TECHNOLOGY CO., LTD. 
