Trade Resources Industry Views Consolidated Revenues for August Slip Mainly Because of Anti-Dumping Tariff Rates

Consolidated Revenues for August Slip Mainly Because of Anti-Dumping Tariff Rates

Crystalline silicon solar cell makers Neo Solar Power, Motech Industries and Gintech Energy saw consolidated revenues for August slip mainly because shipments to the US market were hindered by anti-dumping tariff rates, according to Chinese-language newspaper Economic Daily News.

Neo Solar reported a 15-month low in August consolidated revenues at NT$1.871 billion (US$62.4 million), decreasing 8.83% on month and 11.16% on year. The company's January-August consolidated revenues of NT$18.587 billion hiked 72.37% on year.

Motech said its August consolidated revenues of NT$1.116 billion hit a 18-month low, dropping 6.63% on month and 50.15% on year. However, January-August consolidated revenues of NT$13.563 billion grew 5.86% on year.

Gintech posted August consolidated revenues of NT$869 million, falling 11.56% on month and 35.16% on year. Its January-August consolidated revenues of NT$10.510 billion rose 11.61% on year.

 

Three solar cell makers: Consolidated revenues, Mar 2014 - Jul 2014 (NT$m)

Month

Gintech

NSP

Motech

Sales

Y/Y

Sales

Y/Y

Sales

Y/Y

Jul-14

982

(29.4%)

2,052

2.1%

1,196

(33.8%)

Jun-14

917

(33.5%)

2,208

13.9%

1,504

(10.8%)

May-14

1,705

27.5%

2,624

135.5%

1,821

1.7%

Apr-14

1,749

55%

2,555

149.8%

1,943

19.6%

Mar-14

1,674

52.5%

2,518

170.2%

2,002

24.6%

*Figures are consolidated

Source: TSE, compiled by Digitimes, September 2014

Source: http://www.digitimes.com/news/a20140909PM200.html
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Neo Solar, Motech, Gintech See Decreased August Revenues
Topics: Lighting