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 September 2016 revenue of NT$ 1,038 million, representing a MoM growth of 64.17%. Year-to-Date cumulative revenues reached NT$ 13,389 million as of September 2016.
Current Solar market has been gradually been bottomed-up. However, we should still be cautious to future market outlook. NSP will continue to control operating expenses and expedite the progress for COD & sale of solar system projects owned by NSP & GES in the second-half of this year, which is expected to improve sales revenue and profit of NSP Group.
|NSP Consolidated Revenue Report (Unit:NT Million)|
|Sep 2016||Aug 2016||MoM||Sep 2015||YoY||Accumulated Revenue 2016||Accumulated Revenue 2015||YoY|
About Neo Solar Power Corporation (3576 TT) (NSP)
Founded in 2005 by Dr. Quincy Lin (former Senior VP of TSMC) and Dr. Sam Hong (former Director of ITRI Research Division), Neo Solar Power Corporation (NSP) is a leading manufacturer of high performance and high quality solar cells and modules. With core competitive advantages in quality, technology and customer service, NSP became the world’s largest merchant solar cell manufacturer by volume in 2013. After selling DelSolar to NSP, Delta Electronics (2308, TT) became the biggest shareholder of NSP with a 19% holding. Leveraging current leading position in solar cell technology, NSP will further expand into the global solar systems businesses, aiming to become the leading solar system integrator in the world. For more information, please visit the company’s website at www.nsp.com
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