Trade Resources Industry Views Neo Solar Power Saw Its Business Operation Swing From Net Operating Loss of NT$516 Million

Neo Solar Power Saw Its Business Operation Swing From Net Operating Loss of NT$516 Million

Taiwan-based solar cell maker Neo Solar Power saw its business operation swing from net operating loss of NT$516 million (US$17.3 million) for the first half of 2013 to net operating profit of NT$502 million for the third quarter, while fellow maker Gintech Energy generated 25-month high consolidated revenues of NT$1.503 billion for October, according to the companies.

Gintech's October consolidated revenues increased by 10.05% on month and by 83,21% on year, while its January-October figure of NT$12.286 billion slipped on year by 0.27%.

 

Neo Solar Power: Financial report, 3Q13 (NT$m)

Item

3Q13

Jan-Sep amount

Consolidated revenues

6,386

13,055

Gross margin

14.14%

8.16%

Net operating profit

502

(14)

Net profit

465

200

Net EPS (NT$)

0.74

0.38

Source: Company, compiled by Digitimes, November 2013

Source: http://www.digitimes.com/news/a20131107VL201.html
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Neo Solar 3q13 Operation Turns Profitable, Gintech October Revenues Hit 25-Month High
Topics: Lighting