Solar cell maker Neo Solar Power (NSP) has announced May consolidated revenues of NT$1.114 billion (US$37 million), representing an on-month growth of 8.92% compared to NT$1.023 billion in April, and an on-year decrease of 16.75% compared to NT$1.338 billion in May 2012.
The firm has seen revenues grow for five consecutive months.
NSP stated that market demand has been strong, hence ASP have been rising steadily. Shipments have also been growing, said the firm. NSP added that order visibility is clear to the third quarter.
NSP announced the completion of the merger with DelSolar, the solar subsidiary of Taiwan-based power supply firm Delta Electronics, on May 31, 2013. The firm expects the benefits of the merger to show in its June revenues.
NSP: Consolidated revenues, Jan 2013 - May 2013 (NT$m) | |||||
Month | Sales | M/M | Y/Y | YTD | Y/Y |
May-13 | 1,114 | 8.9% | (16.8%) | 4,729 | (16.8%) |
Apr-13 | 1,023 | 9.7% | (17.3%) | 3,615 | (16.8%) |
Mar-13 | 932 | 11% | (24.7%) | 2,592 | (16.6%) |
Feb-13 | 839 | 2.3% | (17.6%) | 1,660 | (11.2%) |
Jan-13 | 820 |
| (3.5%) | 820 | (3.5%) |
Figures are consolidated
Source: TSE, compiled by Digitimes, June 2013
NSP: Consolidated revenues, 4Q12 - 1Q13 (NT$m) | |||||
Quarter | Sales | Q/Q | Y/Y | YTD | Y/Y |
1Q-13 | 2,592 | 16.5% | (16.6%) | 2,592 | (16.6%) |
4Q-12 | 2,224 | (24.9%) | (26.5%) | 12,241 | (40.5%) |
Figures are consolidated
Source: TSE, compiled by Digitimes, June 2013