GET(3519TT) reported January 2017 consolidated sales

Green Energy Technology (3519TT) announced its consolidated net sales for January of 2017:

GET sales for January of 2017 were NT$ 837 million, increased by 10.5% MoM and decreased by 51% comparing to the same period of 2016.

Green Energy - Consolidated Sales Report:

(Unit: NT$ thousand)

Net Sales

(Unit: NT$ thousand)

2017

(non-audited)

MoM

(non-audited)

2016

YoY

January

837,924

10.5%

1,720,380

-51%

Wafer ASP increased gradually in January, especially for high efficient products. The revenue increased along with ASP raise since GET kept operating in lunar New Year holidays. GET prioritized to serve long-term partners with solid financial positions, and kept in-house capacity utilization to be 90%.

GET expects ASP to increase potentially in first half of 2017, with clearer policies in major markets such as China and United States. Demands in second half of 2017 could depend more on growing emerging markets. GET will advance high efficient wafer as scheduled, and focus further on high end module business, with strong support from mother group Tatung in solar systems, to integrate vertically throughout the value chain.

(GET monthly revenues for reference) (Unit: NT$ thousand)

2015 (Consolidated

合併)

Amount

January

1

1,538,006

February

2

1,241,475

March

3

1,249,399

April

4

1,061,702

May

5

1,188,972

June

6

1,152,844

July

7

1,188,727

August

8

1,291,788

September

9

1,316,954

October

10

1,345,032

November

11

1,399,476

December

12

1,531,347

2016 (Consolidated

合併)

Amount

January

1

1,720,380

February

2

1,767,751

March

3

1,781,352

April

4

1,780,146

May

5

1,727,984

June

6

1,273,032

July

7

1,208,213

August

8

645,157

September

9

715,004

October

10

941,447

November

11

990,732

December

12

758,571

2017 (Consolidated

合併)

Amount

January

1

837,924

Thank you for your attention.

Green Energy Technology Inc. Ltd. published this content on 06 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 February 2017 09:27:02 UTC.

Original documenthttp://www.getinc.com.tw/investor release/20170206 for Latest News.pdf

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