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$10.510 billion rose 11.61% on year.
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Three solar cell makers: Consolidated revenues, Mar 2014 - Jul 2014 (NT$m) |
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|
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