First Copper Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 01:52 pm EDT
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First Copper Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 530.000 million compared to TWD 641.330 million a year ago. Operating loss was TWD 3.558 million compared to TWD 51.139 million a year ago. Net income was TWD 50.639 million compared to net loss of TWD 52.919 million a year ago. Basic earnings per share was TWD 0.14 compared to basic loss per share of TWD 0.15 a year ago. For the half year, sales was TWD 1,086.513 million compared to TWD 1,234.221 million a year ago. Operating loss was TWD 126.738 million compared to TWD 58.805 million a year ago. Net loss was TWD 158.050 million compared to TWD 44.390 million a year ago. Basic loss per share was TWD 0.44 compared to TWD 0.12 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. 
