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% compared
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
Sales ：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
production capacity issue, and sales for the first time, contributed less than 60% for the quarter.