Solar cell and PV module maker Motech Industries has reported web lack of NT$378.6 million (US$12.three million) for first-quarter 2019 – marking a run of losses for 11 quarters straight.
For first-quarter 2019, Motech posted consolidated revenues of NT$1.231 billion for the primary quarter, lowering 74.93% on yr; gross margin of -8.90%; web working lack of NT$386.four million; and web loss per share of NT$0.70. The cumulative web loss has exceeded 50% of paid-in capital of NT$5.405 billion, Motech mentioned.
Fellow maker United Renewable Energy (URE) has reported consolidated revenues of NT$2.025 billion for April, rising 19.35% sequentially and 146.04% on yr.
URE mentioned the expansion resulted from a shift of manufacturing focus from photo voltaic cells to own-brand PV modules and enterprise PV energy era tasks.
URE recorded consolidated revenues of NT$6.326 billion for January-April, mountaineering 89.55% on yr.
