Trade Resources Company News 2012 Net Loss Reached NT$4.193 Billion

2012 Net Loss Reached NT$4.193 Billion

Taiwan-based solar cell maker Neo Solar Power (NSP) has reported 2012 consolidated revenues of NT$12.241 billion (US$414 million). Due to falling average selling prices (ASPs) and loss from long-term supply contracts, 2012 net loss reached NT$4.193 billion, it said.

According to the firm, despite the record sales of NT$12.241 billion for the year, gross margin was negative 26%.

NSP reported consolidated revenues of NT$820 million for January 2013, representing an on-month growth of 3.12% but an on-year decrease of 4.43%.

Neo Solar Power Reports Net Loss for 2012

*Figures are not consolidated

Source: TSE, compiled by Digitimes, February 2013

NSP: Revenues, 3Q11 - 3Q12 (NT$m)

Neo Solar Power Reports Net Loss for 2012_1

*Figures are not consolidated

Source: TSE, compiled by Digitimes, February 2013

Source: http://www.digitimes.com/news/a20130220VL200.html
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Neo Solar Power Reports Net Loss for 2012
Topics: Lighting