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.