United Renewable Energy Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023
Share
United Renewable Energy Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 2,630.43 million compared to TWD 4,746.4 million a year ago. Net loss was TWD 1,367.68 million compared to net income of TWD 192.92 million a year ago. Basic loss per share from continuing operations was TWD 0.84 compared to basic earnings per share from continuing operations of TWD 0.12 a year ago. Diluted loss per share from continuing operations was TWD 0.84 compared to diluted earnings per share from continuing operations of TWD 0.11 a year ago.
For the nine months, sales was TWD 10,269.75 million compared to TWD 13,331.29 million a year ago. Net loss was TWD 1,730.51 million compared to net income of TWD 967.31 million a year ago. Basic loss per share from continuing operations was TWD 1.06 compared to basic earnings per share from continuing operations of TWD 0.59 a year ago. Diluted loss per share from continuing operations was TWD 1.06 compared to diluted earnings per share from continuing operations of TWD 0.55 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.