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Co-Tech posts 3% drop in 1Q11 profits

Ingrid Lee, Taipei; Jessie Shen, DIGITIMES Asia 0

Affected by higher raw material costs, copper foil supplier Co-Tech saw net profits decline 3% sequentially and 35% on year to NT$67.58 million (US$2.34 million) in the first quarter of 2011, according to the company.

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