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Solartech sees July revenues up 37% on month
Nuying Huang, Taipei; Willie Teng, DIGITIMES [Tuesday 3 August 2010]

Taiwan-based crystalline silicon solar cell maker Solartech Energy saw its unaudited July revenues of NT$965 million (US$30 million) rise by 37.14% on month and 320.66% on year, mainly due to an additional annual production capacity of 50MWp that was completed in the second quarter and fully utilized in July, according to the company. Revenues from January through July totaled NT$4.523 billion, up 180.33% from a year earlier.

Solartech will expand its total annual capacity to 504MWp by the end of 2010 from 204MWp in the second quarter, and expects output of 250-260MWp in 2010, the company pointed out.

Gross margin in the second quarter should climb to 20% from 16.77% in the first quarter, and second-quarter net profit should increase 30% to NT$250 million, according to market watchers.
 
aus der Diskussion: Solartech Energy - taiwanesischer Zellhersteller
Autor (Datum des Eintrages): R-BgO  (09.08.10 13:22:26)
Beitrag: 8 von 13 (ID:39951320)
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