United Renewable Energy (“URE”, or “the Company”, 3576 TT), announced April 2019 revenue of NT$2,025 million, a significant growth of 19.4% MoM, and a remarkable jump of 146% YoY.

The Year-to-Date cumulative revenue reached NT$6,326 million as of April 2019, a 89.6% increase in YoY terms as opposed to NT$3,338 million of year 2018. The significant increase in revenue was a result of higher module shipment for America project and increase in system related revenue. It demonstrated the transformation of URE business model from solar cell manufacturing to brand module sales and system business has proved effective. URE will continue to expand the global solar system business which will, in turn, generate demand for URE solar cell and module products and drive the future growth.