First Copper Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 11:50 am IST
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First Copper Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 622.57 million compared to TWD 777.67 million a year ago. Net loss was TWD 59.99 million compared to TWD 12.3 million a year ago. Basic loss per share from continuing operations was TWD 0.17 compared to TWD 0.03 a year ago. Diluted loss per share from continuing operations was TWD 0.17 compared to TWD 0.03 a year ago.
For the six months, sales was TWD 1,250.28 million compared to TWD 1,556.62 million a year ago. Net loss was TWD 56.45 million compared to TWD 3.39 million a year ago. Basic loss per share from continuing operations was TWD 0.16 compared to TWD 0.01 a year ago. Diluted loss per share from continuing operations was TWD 0.16 compared to 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.
FIRST COPPER TECHNOLOGY CO., LTD. 