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Neo Solar Power Corporation (“NSP”, or “the Company”, publicly listed on Taiwan Stock Exchange, Ticker: 3576 TT), a world-class leading integrated PV solution provider with expertise in high conversion efficiency products and global solar system development capabilities in Hsinchu, Taiwan, announced January 2017 revenue of NT$ 766 million, representing a MoM decrease of 34.31%.
The decline of NSP’s January revenue was mainly due to Chinese New Year holidays (fewer working days) and decreased solar module shipment.
Current market demand is stable, and the solar industry is expected to show mild cyclical rebound in the first quarter of 2017. NSP will expedite the progress of overseas solar system projects to improve the company’s operation performance.
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Address: No. 7, Lixing 3rd Road, East District, Hsinchu Science Park, Hsinchu City, Taiwan
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