First Copper Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 02:24 am IST
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First Copper Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 556.513 million compared to TWD 592.891 million a year ago. Operating loss was TWD 123.180 million compared to TWD 7.666 million a year ago. Net loss was TWD 208.689 million compared to net income of TWD 8.529 million a year ago. Basic loss per share was TWD 0.58 compared to basic earnings per share of TWD 0.02 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. 
