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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 producer of high quality solar cells and Modules in Hsinchu, Taiwan, announced May 2016 revenue of NT$1,700 million, representing a MoM increase of 9.94% and a YoY growth of 4.73%.
The increase of NSP’s May revenue mainly resulted from increased shipment volume. Year-to-Date cumulative revenues reached NT$ 9,153 million as of May 2016, a +17.18% growth in YoY terms as compared with 7,811 million last year.
NSP possess well competitiveness. No matter the high-efficiency & high-reliability product, cost reduction progress, or global market strategy, NSP all stands with outstanding performance. The in-progress relocation capacity is expected to join into production line no later than the end of third quarter and therefore can expand the shipment volume, which is believed to contribute future operation and sales for the traditional industry peak season in the second-half of this year.
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Address: No. 7, Lixing 3rd Road, East District, Hsinchu Science Park, Hsinchu City, Taiwan
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