Taiwan-based crystalline solar cell producer, Neo Solar Power (NSP) has reported December, 2011 revenue of approximately US$21.94 million (NT $663 million), down significantly from the previous quarter and year-on-year. Total revenue for 2011 reached approximately US$600.2 million, down from US$634.4 million in 2010.
Monthly revenue in 2011 peaked in February, taking a significant fall in April and remaining roughly flat through September. However, a further steep decline in monthly revenue was seen in October, culminating in December being the worst month for revenue in several years.
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
In the first 9-months of 2011, NSP posted total revenue of NT $17,550 million, an increase of 31% on year-over-year basis but reported a net loss of NT $1,231million and a diluted EPS of NT$ -3.47. Full results are not yet due.
