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Co-Tech January Revenue was NTD396million, grew 9.7% YoY << Back to List
 
2013-02-18

Co-Tech January Revenue was NTD396million, grew 9.7% YoY


Co-Tech Copper Foil (Ticker 8358) announced its January sales of 2013 amounted to NTD396 million,

grew 9.7% compared to the same period
last year, and a 11.4% growth compared to the previous month. 


 

January sales enjoyed a growth on both YoY and MoM basis due to a low
January sales in the previous year

impacted by the lunar Chinese new
year holiday.  We observed that copper foil for automobile demand of

Thailand has recovered from  the flood damage.  We expect demand to 
be stable throughout the year which

imply that shipment should increase
25 to 30% this year compared to the previous year.



Co-Tech is the only OTC listed ED copper foil supplier in Taiwan and its
major application are on 3C products,

customers including CCL and
PCB makers, thin copper foil applied on smart phones and Notebook
PCs are the

major products of the company.  Copper foil demand is
closely related to global economy, Co-Tech expects sales

to grow with a
better 2013 economy.


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