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