United Renewable Energy (“URE”, or “the Company”, 3576 TT), announced May 2019 revenue of NT$2,286 million, a significant growth of 12.9% MoM, and a remarkable jump of 136.6% YoY.

The Year-to-Date cumulative revenue reached NT$8,613 million as of May 2019, a 100% increase in YoY terms as opposed to NT$4,304 million of year 2018. The significant increase in revenue was a result of continued module shipment for America and Europe as well as increase in revenue from system project development. 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 solar system business which will, in turn, drive the future growth of URE.