United Power Technology AG Proposes Dividend for 2013; Announces Revenue Results for the Full Year of 2013
The company announced revenue results for the full year of 2013. For the period, the company generated revenues of EUR 103.7 million against EUR 111.1 million a year ago, a year-on-year decrease of 6.7%. This was mainly caused by the lower sales in North America due to the quiet hurricane season in 2013, general ongoing deceleration of the Chinese economy and domestic industry consolidation.