United Renewable Energy (“URE”, or “the Company”, 3576 TT), announced December 2018 revenue of NT$1,554 million, a significant growth of 46.8% YoY. The increase is due to strong demand from oversea market and higher shipment of solar module.
The Year-to-Date cumulative revenues reached NT$12,927 million as of December 2018, a 26.1% increase in YoY terms as opposed to NT$10,248 million of year 2017. The increase was a result of strategy shift that lead to stronger module and system business.
URE Consolidated Revenue Report (Unit: NT Million)
|Nov 2018||MoM||Dec 2017||YoY||YTD 2018||YTD 2017||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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