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 August 2017 revenue of NT$ 749 million, representing an MoM increase of 11.82%.

The increase of NSP’s August revenue was resulted from increased shipment in August and deferred shipment due to Typhoon last month. Year-to-date cumulative revenues reached NT$ 5,800 million as of August 31st, 2017, a 53.04% decrease in YoY terms as opposed to 12,350 million of year 2016.

The current demand for solar market is stable, and under the promotion of Taiwan government toward solar energy, the overall domestic demand and solar system installation capacity is expected to grow. NSP will continually develop solar system project business actively to expedite the benefits of company’s transformation and then improve the operation.