Solar wafer maker Green Energy Technology (GET) has announced that 2011 orders will exceed production capacity by 30%, bringing revenues for the year up 60%. EPS will increase 80% from 2010 to NT$15.82 (US$0.54).
GET's capacity at the end of 2010 totaled 1GWp and should reach 1.5GWp in the second quarter. The company also plans to apply for a NT$3.2 billion syndicated loan for capacity expansion.
GET expects first-quarter revenues to decline 9.94% sequentially, but will bounce back by 34.12% in the second quarter and up another 13.69% in the third. Flat growth is projected for fourth quarter revenues
GET: Revenues, Feb 2010 - Feb 2011 (NT$m) |
Month | Sales | M/M | Y/Y | YTD | Y/Y |
Feb-11 | 2,114 | 2.2% | 103.6% | 4,181 | 99.3% |
Jan-11 | 2,068 | 0.8% | 95.1% | 2,068 | 95.1% |
Dec-10 | 2,052 | 10.2% | 123.4% | 17,288 | 94.4% |
Nov-10 | 1,863 | 6.5% | 106.9% | 15,236 | 91% |
Oct-10 | 1,750 | 11.8% | 74.4% | 13,374 | 89% |
Sep-10 | 1,565 | 1.9% | 65.3% | 11,624 | 91.4% |
Aug-10 | 1,535 | 1% | 67.9% | 10,059 | 106.1% |
Jul-10 | 1,520 | 19.3% | 110.3% | 8,524 | 114.9% |
Jun-10 | 1,275 | 4.7% | 126.2% | 7,004 | 115.9% |
May-10 | 1,217 | 0.4% | 138.8% | 5,730 | 113.7% |
Apr-10 | 1,212 | 0.8% | 137.3% | 4,513 | 107.8% |
Mar-10 | 1,203 | 15.8% | 126.1% | 3,301 | 98.8% |
Feb-10 | 1,038 | (2%) | 93% | 2,098 | 85.9% |
*Figures are not consolidated
Source: TSE, compiled by Digitimes, March 2011
GET: Revenues, 3Q09 - 3Q10 (NT$m) |
Quarter | Sales | Q/Q | Y/Y | YTD | Y/Y |
3Q-10 | 4,620 | 24.6% | 76.9% | 11,624 | 91.4% |
2Q-10 | 3,707 | 12.5% | 104.6% | 7,004 | 102.4% |
1Q-10 | 3,297 | 16.8% | 100% | 3,297 | 100% |
4Q-09 | 2,822 | 8.1% | 36.8% | 8,895 | 1.2% |
3Q-09 | 2,612 | 44.1% | 5.8% | 6,073 | (9.7%) |
*Figures are not consolidated
Source: TSE, compiled by Digitimes, March 2011