Trade Resources Industry Views NSP Reports May Revenues of NT$1.338 Billion,an on-Month Increase of 8.19%

NSP Reports May Revenues of NT$1.338 Billion,an on-Month Increase of 8.19%

Taiwan-based solar cell maker Neo Solar Power(NSP)reported May revenues of NT$1.338 billion(US$44.61 million),an on-month increase of 8.19%but an on-year decrease of 23.47%.

The accumulated revenues from January-May were NT$5.675 billion,down 46.51%on year.

The firm indicated rising shipments in April-May.NSP noted that the solar market has been growing due to policies promoting renewable energy sources in Asia,the US and emerging markets.

Revenues have been showing growths for five consecutive months,according to NSP.The firm anticipates high capacity utilization rates and rising shipments in the third quarter.

NSP:Revenues,May 2011-Apr 2012(NT$m)

Month

Sales

M/M

Y/Y

YTD

Y/Y

Apr-12

1,237

0.4%

(22.8%)

4,337

(51.1%)

Mar-12

1,231

21%

(48.1%)

3,100

(57.3%)

Feb-12

1,018

19.7%

(58.4%)

1,868

(61.8%)

Jan-12

850

28.2%

(65.2%)

850

(65.2%)

Dec-11

663

(44.1%)

(71.3%)

20,577

2.1%

Nov-11

1,185

0.6%

(48%)

19,914

11.6%

Oct-11

1,178

(32.6%)

(46.2%)

18,729

20.4%

Sep-11

1,749

(1.1%)

(17.3%)

17,551

31.3%

Aug-11

1,768

7%

(11.8%)

15,801

40.4%

Jul-11

1,653

(6.7%)

(6.3%)

14,033

51.7%

Jun-11

1,772

1.4%

8.4%

12,380

65.4%

May-11

1,749

9.2%

17.4%

10,608

81.3%

*Figures are not consolidated
Source:TSE,compiled by Digitimes,June 2012

NSP:Revenues,1Q11-1Q12(NT$m)

Quarter

Sales

Q/Q

Y/Y

YTD

Y/Y

1Q-12

3,100

2.4%

(57.3%)

3,100

(57.3%)

4Q-11

3,026

(41.5%)

(55.4%)

20,577

2.1%

3Q-11

5,170

0.9%

(12.1%)

17,551

31.3%

2Q-11

5,122

(29.4%)

14.5%

12,380

65.4%

1Q-11

7,258

7.1%

141.1%

7,258

141.1%

 

Source: http://www.digitimes.com/news/a20120605PR216.html
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Neo Solar Power Reports May Revenues up by 8.19% on-Month
Topics: Lighting , Metallurgy