First Copper Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022
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First Copper Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 720.52 million compared to TWD 844.14 million a year ago. Revenue was TWD 720.52 million compared to TWD 844.14 million a year ago. Net income was TWD 177.25 million compared to TWD 199.73 million a year ago. Basic earnings per share from continuing operations was TWD 0.49 compared to TWD 0.56 a year ago. Diluted earnings per share from continuing operations was TWD 0.49 compared to TWD 0.55 a year ago.
For the nine months, sales was TWD 2,277.15 million compared to TWD 2,335.59 million a year ago. Revenue was TWD 2,277.15 million compared to TWD 2,335.59 million a year ago. Net income was TWD 173.86 million compared to TWD 386.82 million a year ago. Basic earnings per share from continuing operations was TWD 0.48 compared to TWD 1.08 a year ago. Diluted earnings per share from continuing operations was TWD 0.48 compared to TWD 1.07 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.