Motech, Gintech see mixed results for February
MOPS, March 9; Adam Hwang, DIGITIMES [Monday 9 March 2015]
Crystalline silicon solar cell maker Motech Industries has reported February consolidated revenues reached NT$1.382 billion (US$43.86 million), decreasing 19.21% sequentially and 27.41% on year, while fellow maker Gintech Energy has posted NT$1.132 billion in consolidated revenues for the month, growing 2.16% sequentially but slipping 9.50% on year.
Motech's January-February consolidated revenues of NT$3.092 billion dropped 22.36% on year and Gintech's sum for the period slipped 14.24% to NT$2.241 billion.
Tainergy Tech, another solar cell maker, has reported consolidated revenues of NT$476 million for February, falling 20.66% sequentially and 9.46% on year, and NT$1.075 billion for January-February, rising 4.99% on year.
|
Three solar cell makers: Consolidated revenues, Oct 2014 - Feb 2015 (NT$m)
|
|
Month
|
Gintech
|
Tainergy
|
Motech
|
|
Sales
|
Y/Y
|
Sales
|
Y/Y
|
Sales
|
Y/Y
|
|
Feb-15
|
1,132
|
(9.5%)
|
476
|
(9.5%)
|
1,382
|
(27.4%)
|
|
Jan-15
|
1,109
|
(18.6%)
|
599
|
20.2%
|
1,710
|
(17.7%)
|
|
Dec-14
|
1,580
|
13%
|
786
|
57.4%
|
1,508
|
(28%)
|
|
Nov-14
|
1,520
|
7.5%
|
617
|
25.9%
|
1,805
|
(11.7%)
|
|
Oct-14
|
904
|
(39.9%)
|
502
|
2.5%
|
1,550
|
(25.8%)
|
*Figures are consolidated
Source: TSE, compiled by Digitimes, March 2015
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