First Copper Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 11:13 pm EDT
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First Copper Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 777.67 million compared to TWD 802.3 million a year ago. Revenue was TWD 777.67 million compared to TWD 802.3 million a year ago. Net loss was TWD 12.3 million compared to net income of TWD 80.54 million a year ago. Basic loss per share from continuing operations was TWD 0.03 compared to basic earnings per share from continuing operations of TWD 0.22 a year ago. Diluted loss per share from continuing operations was TWD 0.03 compared to diluted earnings per share from continuing operations of TWD 0.22 a year ago.
For the six months, sales was TWD 1,556.62 million compared to TWD 1,491.45 million a year ago. Revenue was TWD 1,556.62 million compared to TWD 1,491.45 million a year ago. Net loss was TWD 3.39 million compared to net income of TWD 187.08 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to basic earnings per share from continuing operations of TWD 0.52 a year ago. Diluted loss per share from continuing operations was TWD 0.01 compared to diluted earnings per share from continuing operations of TWD 0.52 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.