United Renewable Energy Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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United Renewable Energy Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 4,746.4 million compared to TWD 3,503.82 million a year ago. Net income was TWD 192.92 million compared to net loss of TWD 90.75 million a year ago. Basic earnings per share was TWD 0.12 compared to basic loss per share of TWD 0.06 a year ago. Diluted earnings per share was TWD 0.11 compared to diluted loss per share of TWD 0.06 a year ago.
For the nine months, sales was TWD 13,331.29 million compared to TWD 10,178.47 million a year ago. Net income was TWD 967.31 million compared to net loss of TWD 848.25 million a year ago. Basic earnings per share was TWD 0.59 compared to basic loss per share of TWD 0.56 a year ago. Diluted earnings per share was TWD 0.55 compared to diluted loss per share of TWD 0.56 a year ago.
United Renewable Energy Co., Ltd., formerly Neo Solar Power Corporation is a Taiwan-based company principally engaged in the manufacture and distribution of solar cells and modules. The Company's main products include mono-crystalline silicon solar cells and multi-crystalline silicon solar cells. Its products are applied in the manufacture of solar thermal heaters, solar battery modules, computers, watches and power generation, among others. The Company distributes its products within domestic market and to overseas markets, including Japan, German, the United States, the United Kingdom and others.