United Renewable Energy Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 14, 2022
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United Renewable Energy Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 3,902.62 million compared to TWD 3,669.68 million a year ago. Net income was TWD 174.03 million compared to net loss of TWD 224.79 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to basic loss per share from continuing operations of TWD 0.15 a year ago. Diluted earnings per share from continuing operations was TWD 0.1 compared to diluted loss per share from continuing operations of TWD 0.15 a year ago.
For the six months, sales was TWD 8,584.89 million compared to TWD 6,674.65 million a year ago. Net income was TWD 774.39 million compared to net loss of TWD 757.5 million a year ago. Basic earnings per share from continuing operations was TWD 0.48 compared to basic loss per share from continuing operations of TWD 0.5 a year ago. Diluted earnings per share from continuing operations was TWD 0.44 compared to diluted loss per share from continuing operations of TWD 0.5 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.