Financial Information

NSP Announced 2017 March Revenue of NT$ 661 million

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 March 2017 revenue of NT$ 661 million, representing a MoM dncrease of 10.02%.

The decrease of NSP’s March revenue was mainly due to gradually decreased negative-margin multicrystalline manufacturing capacity resulted from company transformation. Year-to-Date cumulative revenues reached NT$ 2,162 million as of March 2017, a -63.37% decrease in YoY terms as compared with 5,904 million of year 2016.

NSP will continue to increase more advanced & higher-margin monocrystalline passivated emitter rear contact (PERC) manufacturing capacity to differentiate the market and remove irrational price competition of multicrystalline solar cells. Following the new added 200 MW Taiwan solar module capacity and the expansion of global solar system project construction, the overall transformation benefit for NSP group shall be revealed from mid-term to long-term perspective.

新聞聯絡人:

投資人關係部洪怡涵Evelyn Hung
投資人關係部閻敬儀Shelly Yen
TEL: +886-2-2656-2000
Email: IR@urecorp.com