Neo Solar Power reports modest decline in February sales

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Major merchant solar cell producer Neo Solar Power (NSP) reported a modest decline in revenue for February 2015 due to the shorter working month and Chinese New Year. 

NSP reported revenue of NT$1,466.7 million (US$46.59 million), down 2.71% from the previous month. However, revenue was down 37.8% from the prior year period. 

The company noted that it expected a recovery in sales for the year, due to expected continued global PV market demand growth.

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