United Renewable Energy (“URE”, or “the Company”, 3576 TT), announced November 2018 revenue of NT$1,341 million, a significant growth of 20.7% YoY.

The Year-to-Date cumulative revenues reached NT$11,373 million as of November 2018, a 23.2% increase in YoY terms as opposed to NT$9,231 million of year 2017. The increase was a result of higher module shipment and system business.

NSP Consolidated Revenue Report (Unit:NT Million)
November 2018 October 2018 MoM November 2017 YoY Accumulated Revenue 2018 Accumulated Revenue 2017 YoY
1,341 1,935 -30.7% 1,110 20.7% 11,373 9,231 23.2%
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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

For further information, please contact:

Contact:

Evelyn Hung Corporate Planning +886-2-2656-2000 #58163 evelyn.hung@urecorp.com

Shelly Yen Corporate Planning +886-2-2656-2000 #58183 shelly.yen@urecorp.com