Tongguan Copper Foil Sees Profits Jump 7-8 Fold in H1, to Accelerates Construction of 20,000-tpy Precise Electronic Copper Foil

Published: Aug 9, 2017 13:34
Tongguan Copper Foil Co. reported a 7-8 fold growth in net profit to 204 million yuan in the first half of 2017.

SHANGHAHI, Aug. 9 (SMM) - Tongguan Copper Foil Co. reported a 7-8 fold growth in net profit to 204 million yuan in the first half of 2017.

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The company is building its third production base in Tongling City, Anhui Province in the face of strong copper foil demand. It will accelerate production of the 20,000-tpy precise electronic copper foil project.

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Tongguan Copper Foil Co. is a subsidy of Tongling Nonferrous Metals Group Co.

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