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Co-Tech July Revenue was NTD279million << Back to List

Co-Tech July Revenue was NTD279million

(August  8th, 2013 Taipei News)
Co-Tech Copper Foil (Ticker 8358) announced its July sales amounted to NTD279 million and due to the fire of the 2nd factory
in May which
impacted production capacity, especially the thin copper foil, which are expected to recover in August.   July sales thereby decreased 33.6%
to the same period last year and only managed to improve by 2.8% on a MoM basis.

The board members approved the condensed consolidated statements of comprehensive income on August 8th, 2013, details as below  
NTD 2,140,881K 

Operation Loss                                                                        NTD   (7,384) K

Net Loss                                                                                  NTD    (32,557) K
Net Loss attributable to Owner of the Company       NTD (32,557) K

Net Profit attributable to Non-controlling interests  NTD         -    K
Loss per share                                                    NTD  (0.15)

The accumulated sales for the 2nd quarter amounted to NTD1.06 billion, declined 2% and 2.4% on a YoY and QoQ basis respectively. The think
copper foil
applied on smartphones and Notebook PC related products both declined compared to the previous quarter, mostly impacted by the lower
capacity issue, and sales for the first time, contributed less than 60% for the quarter.

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