Neo Solar Power Corporation(3576 TT) (“NSP”, or “the Company”), a leading producer of high quality solar cells in Hsinchu, Taiwan, announced its revenue on management account of NT$788 million for December 2012, roughly remaining flat on month-over-month comparison.
The fourth quarter is usually a weak season for solar market. However, due to NSP’s diversified customer mix and well arrangement of the market distribution, the Company’s shipment continued to grow, and revenue remained roughly flat as compared with last month. Looking forward, the supply/demand will come to equilibrium when price stabilized.
Besides, the Company’s subsidiary, General Energy Solutions (“GES”), is now actively developing solar power plants projects in various regions, which will expected to contribute revenues to the Company.