CCL Maker EMC Sees Earnings Grow Significantly in 2Q16

Reading time ( words)

Taiwan-based copper clad-laminate (CCL) maker Elite Material (EMC) has reported net profits of NT$595 million ($18.79 million) for the second quarter of 2016, up by 6.86% on quarter and by 24.35% on year, according to Digitimes. For the first half of 2016, net profits totaled NT$1.15 billion, increasing 12.7% from a year earlier. The earnings translated into an EPS of NT$3.63 for the six-month period.

EMC reported earlier that it posted revenues of NT$10.09 billion for the January-June period of 2016, increasing 2.6% from a year earlier. Gross margin stood at 25.45% for the second quarter compared to 23.2% for a year earlier.



Suggested Items

DuPont Discusses Acquisition of Rogers Corporation

11/17/2021 | Nolan Johnson, I-Connect007
Nolan Johnson gets the latest news from Avi Avula, vice president and general manager of Interconnect Solutions at DuPont, regarding the recent announcement of DuPont’s intent to acquire Rogers Corporation. Avula outlines the motivation for the acquisition, and how the two companies complement each other. Avula also gives some detail on how this might affect customers and business operations, under the proviso that it is early in the process and that many details have not yet been worked out.

EIPC Technical Snapshot: Supply Chain and Material Price Pressures

04/26/2021 | Pete Starkey, I-Connect007
EIPC’s seventh Technical Snapshot webinar on April 14 was timely and appropriate. In the context of current supply chain issues and material price pressures facing the PCB industry, particularly in Europe, the EIPC team brought together an outstanding group of experts—each a leading authority in his field—to analyse and comment upon the areas of concern and to respond to questions raised by a capacity audience. As Alun Morgan said, “If you don’t use the European supply chain, you won’t have it anymore!”

Time, Space, Structure, and Model Analysis of CCL Price Increase

04/19/2021 | Hu Yang, Zhongtai Securities Research Center
According to the CCL Association, copper foil accounts for the largest proportion of raw materials (traditional CCL uses epoxy resin, glass fiber cloth and copper as raw materials). Copper foil in thin plate accounts for about 30% of the overall cost; in thick plate copper accounts for 50%. In CCL production, using Shengyi Technology and Chaohua Technology as examples, the cost of raw materials accounts for about 88% of the total cost, with labor accounting for about 4%. Other costs such as equipment depreciation account for about 8%.

Copyright © 2021 I-Connect007. All rights reserved.