Taipei, Monday, April 24, 2017 07:36 (GMT+8)
mostly cloudy
Copper foil maker Co-Tech reports increased profits for 1Q17
Steve Shen, DIGITIMES, Taipei [Wednesday 19 April 2017]

Co-Tech Copper Foil has reported net profits of NT$347 million (US$11.41 million) for the first quarter of 2017, increasing 19.33% on quarter and 556.86% on year. The earnings translated into an EPS of NT$1.63 for the quarter.

Gross margin stood at 28.89% in the first quarter of 2017, up 2.73pp from the previous quarter and 17.8pp from a year earlier. Revenues for the January-March period totaled NT$1.801 billion, up 14.29% on quarter and 58.22% on year.

Although Co-Tech posted net profits of NT$643 million or NT$3.05 per share in 2016, the company has no plans to deal out dividends for the year.

Meanwhile, the company also decided to increase its capital by issuing 45 million new shares. The capital expansion project is slated to complete in the third quarter of 2017.

The company's stock price rose NT$2.60 to close at NT$52.70 on the Taiwan Stock Exchange (TSE) during the April 19 session.

Global notebook shipment forecast, 2017 and beyond
Intel strategies in the mobile device market
Analysis of China revised domestic semiconductor industry goals
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.