First Copper Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 12, 2019 at 06:21 pm IST
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First Copper Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 592.891 million compared to TWD 786.990 million a year ago. Operating loss was TWD 7.666 million compared to operating Income of TWD 38.753 million a year ago. Net income was TWD 8.529 million compared to TWD 31.583 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.09 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.