First Copper Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021 at 09:33 pm
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First Copper Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 802.297 million compared to TWD 530.000 million a year ago. Operating income was TWD 92.626 million compared to operating loss of TWD 3.558 million a year ago. Net income was TWD 80.542 million compared to TWD 50.639 million a year ago. Basic earnings per share from continuing operations was TWD 0.22 compared to TWD 0.14 a year ago. For the half year, total revenue was TWD 1,491.447 million compared to TWD 1,086.513 million a year ago. Operating income was TWD 165.952 million compared to operating loss of TWD 126.738 million a year ago. Net income was TWD 187.084 million compared to net loss of TWD 158.050 million a year ago. Basic earnings per share from continuing operations was TWD 0.52 compared to basic loss per share from continuing operations of TWD 0.44 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.