to-the-point: Solartech’s July 2016 revenues fall 24% y/y
Taiwan-based solar cell maker Solartech Energy Corp (TPE:3561) saw its July 2016 revenues drop by 24.33% on the year to TWD 664 million (USD 20.7m/EUR 18.8m).
On a month-to-month basis, sales went down by 34.8%, according to the company’s website. In January-July 2016, Solartech’s revenues reached TWD 6.85 billion, which is 34.92% higher than in the corresponding period of 2015.
In March, Solartech recorded its biggest monthly revenues so far in 2016 -- they reached TWD 1.12 billion. The second-highest result was reported in January, when total sales amounted to TWD 1.11 billion.