Trade Resources Industry Views Gintech Saw March Revenues Reach NT$1.097 Billion, Showing a Sequential Growth of 26.89%

Gintech Saw March Revenues Reach NT$1.097 Billion, Showing a Sequential Growth of 26.89%

Taiwan-based solar cell makers saw March revenues rise compared to February. Motech reported March revenues of NT$1.606 billion (US$53 million), representing an on-month increase of 61.04% and an on-year increase of 5.48%.

Gintech saw March revenues reach NT$1.097 billion, showing a sequential growth of 26.89% compared to February. However, compared to March revenues in 2012, the figure showed an on-year decrease of 22.93%.

Solartech and DelSolar both saw revenues increase on month. Solartech reported March revenues of NT$413 million, up 13.60% on month but down 40.52% on year. DelSolar announced March revenues of NT$497 million, representing an on-month growth of 25% but an on-year drop of 11.9%.

Taiwan solar cell makers: Consolidated revenues, Jan 2013 - Mar 2013 (NT$m)

Month

Gintech

SEC

DelSolar

Motech

Sales

Y/Y

Sales

Y/Y

Sales

Y/Y

Sales

Y/Y

Mar-13

1,098

(22.9%)

414

(40.5%)

497

(11.9%)

1,606

5.5%

Feb-13

865

(26.7%)

364

(32.7%)

398

(16.8%)

997

(27.1%)

Jan-13

877

(25.6%)

330

(27.5%)

337

(40.2%)

1,063

6.5%

*Figures are consolidated
Source: TSE, compiled by Digitimes, April 2013

Source: http://www.digitimes.com/news/a20130410VL204.html
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Taiwan Solar Cell Makers Report Rising March Revenues
Topics: Lighting