First Copper Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021 at 06:20 pm EST
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First Copper Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 844.14 million compared to TWD 552.39 million a year ago. Revenue was TWD 844.14 million compared to TWD 552.39 million a year ago. Net income was TWD 199.73 million compared to TWD 155.17 million a year ago. Basic earnings per share from continuing operations was TWD 0.56 compared to TWD 0.43 a year ago. Diluted earnings per share from continuing operations was TWD 0.55 compared to TWD 0.43 a year ago.
For the nine months, sales was TWD 2,335.59 million compared to TWD 1,638.91 million a year ago. Revenue was TWD 2,335.59 million compared to TWD 1,638.91 million a year ago. Net income was TWD 386.82 million compared to net loss of TWD 2.88 million a year ago. Basic earnings per share from continuing operations was TWD 1.08 compared to basic loss per share from continuing operations of TWD 0.01 a year ago. Diluted earnings per share from continuing operations was TWD 1.07 compared to diluted loss per share from continuing operations of TWD 0.01 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.