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Co-Tech Reports Record Net Profits for 4th Consecutive Quarter
August 23, 2017 | DigitimesEstimated reading time: Less than a minute
Rising copper foil prices continued to buoy Co-Tech Copper Foil’s profitability in the second quarter of 2017, which hit a record high for the fourth consecutive quarter, according to Digitimes.
Co-Tech Copper Foil has reported net profits of NT$353 million ($11.6 million) for the second quarter of 2017, up by 1.8% sequentially and 205% year-on-year. The company posted revenues of NT$1.79 billion in the second quarter, down 0.7% on quarter but up 45.9% from the same period in 2016.
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