Trade Resources Industry Views Solartech, Danen Reported Strong Consolidated Revenues for May

Solartech, Danen Reported Strong Consolidated Revenues for May

Taiwan-based solar cell maker Solartech Energy and solar wafer maker Danen Technology have reported strong consolidated revenues for May. Solartech posted a 33-month high of NT$931 million (US$30.9 million), while Danen's NT$168 million was the highest in 32 months.

Solartech's May consolidated revenues increased 0.78% sequentially and 71.87% on year, while its January-May consolidated revenues of NT$4.511 billion hiked on year by 109.80%.

Danen's May consolidated revenues grew 1.08% sequentially and 124.39% on year, and the January-May figure of NT$767 million represents an on-year increase of 167.71%.

 

Two PV makers: Consolidated revenues, Dec 2013 - Apr 2014 (NT$m)

Month

SEC

Danen

Sales

Y/Y

Sales

Y/Y

Apr-14

924

84.7%

166

165.9%

Mar-14

920

122.5%

158

161.8%

Feb-14

878

141%

148

226.7%

Jan-14

857

159.9%

128

191.5%

Dec-13

778

309.6%

117

214.3%

 

Source: http://www.digitimes.com/news/a20140604PM200.html
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Solartech, Danen Report Strong May Revenues
Topics: Lighting