First Copper Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 07:38 am EST
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First Copper Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 552.394 million compared to TWD 668.180 million a year ago. Operating income was TWD 10.115 million compared to operating loss of TWD 71.393 million a year ago. Net income was TWD 155.171 million compared to net loss of TWD 67.714 million a year ago. Basic earnings per share was TWD 0.43 compared to basic loss per share of TWD 0.19 a year ago. For the nine months, sales was TWD 1,638.907 million compared to TWD 1,902.401 million a year ago. Operating loss was TWD 116.623 million compared to TWD 130.198 million a year ago. Net loss was TWD 2.879 million compared to TWD 112.104 million a year ago. Basic loss per share was TWD 0.01 compared to TWD 0.31 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. 