Neo Solar Power Corporation (3576 TT) (“NSP”, or “the Company”), a leading producer of high quality solar cells in Hsinchu, Taiwan, announced its consolidated revenue on management account of NT$839 million for February 2013, which hits 6-month high and is representing an increase of 2.31% on month-over-month comparison.
Although February is with less working days and Chinese New Year holidays, the production line employees of the Company still worked overtime to respond to strong market demand and thus push the shipment and utilization rate. Besides, with the growing trend of cell ASP recently, it’s expected that the market is gradually recovering. This will also help the company to raise cell price, and then improve the margin.
