新日光能源科技新聞稿



Press Release

30078 新竹市科學工業園區力行三路 7 號

7, Li-Hsin 3rd Rd., Hsinchu Science Park, Hsinchu, 30078, Taiwan, R.O.C.

Tel: +886-3-578-0011 Fax:+886-3-578-1255 Website: www.nsp.com

January 6th, 2016


NSP Announced 2015 December Revenue of NT$2,640 million Set New Annual High for 2015 and Recorded Second Highest Revenue Ever


Neo Solar Power Corporation ("NSP", or "the Company", publicly listed on Taiwan Stock Exchange, Ticker: 3576 TT), a world-class leading producer of high quality solar cells in Hsinchu, Taiwan, announced December 2015 revenue of NT$2,640 million representing a MoM growth of 34.55%. Not only set new annual high for 2015 but also the second highest ever recorded.


Current market demand is strong, and should stay strong onwards. The increase of NSP's December revenue mainly resulted from increased shipment of solar module sale, and continuous orders of solar cells. Year-to-Date cumulative revenues reached NT$ 22,215 million for year 2015.


Lending banks and investors are extremely cautious on the quality of the components used in solar installations because during the life-cycle of solar module, one of the key risks for them are whether solar module can pass through stringent weather conditions and still keep the stable electricity output. Therefore, whether the project is bankable, so called "Bankability" is the key successful criterion for solar system project. NSP Module possesses outstanding conversion efficiency, high reliability and quality; not only receives "Taiwan Excellent PV Award 2015" from Taiwan's Bureau of Energy and "Taiwan Excellence 2016", but also recently adopted by our new customer in US with the recognition of bankability from renowned US banks. NSP Module shows great market competitiveness and future ales order for Module should continue to increase with growing market demand.


Following the robust market demand, the company is still running at full capacity. The order visibility is foreseen with increasing price. The future growth momentum is expected.


NSP Consolidated Revenue Report (Unit：NT Million)

Dec

2015

Nov

2015


MoM

Dec

2014


YoY

Accumulated

Revenue 2015

Accumulated

Revenue 2014

YoY

2,640

1,962

34.55%

2,877

-8.25%

22,215

27,580

-19.45%


About Neo Solar Power Corporation (3576 TT) (NSP)

Founded in 2005 by Dr. Quincy Lin (former Senior VP of TSMC) and Dr. Sam Hong (former Director of ITRI Research Division), Neo Solar Power Corporation (NSP) is a leading manufacturer of high performance and high quality solar cells and modules. With core competitive advantages in quality, technology and customer service, NSP became the world's largest merchant solar cell manufacturer by volume in 2013. After selling DelSolar to NSP, Delta Electronics (2308, TT) became the biggest shareholder of NSP with a 19% holding. Leveraging current leading position in solar cell technology, NSP will further expand into the global solar systems businesses, aiming to become the leading solar system integrator in the world. For more information, please visit the company's website at

www.nsp.com



For further information, please contact: Ms. Shirley Chen

Investor Relations Dept.

Phone: +886-3-578-0011 ext. 20626

Email: shirley.chen@nsp.com

NSP – Neo Solar Power Corp. issued this content on 2016-01-06 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-25 03:07:08 UTC

Original Document: http://www.nsp.com/ftp/NR_Revenue_Dec.pdf