Sino-American Silicon Products (SAS) release the revenue today that the consolidated sales of December 2019 hit NT$5.295 billion with the month over month 5.7% increase and year over year 12.9% decline. Among all, the solar business of December 2019 revenue reached NT$555 million with the month over month 16.4% decline. Even though comparing to 2018, the annual consolidated sales decreased 5.4%, SAS still managed to reach NT$65.51 billion for the full year in 2019, which made the second highest revenue record in history!
GlobalWafers, the semiconductor subsidiary of SAS, also released its revenue today, which the consolidated sales of December 2019 reached NT$4.74 billion with the month over month 9.1% increase and year over year 8.8% decline. Comparing to 2018, even having a slight decrease of 1.6%, GlobalWafers still hit NT$58.094 billion of 2019 annual consolidated sales that created the second highest revenue record in history! GlobalWafers contributed a high ratio of 90% to SAS annual revenue in 2019.
Energy saving, carbon emission, sustainable energy and environment preservation are getting more and more important. SAS equips the consummate solar team to innovate this green economy by continuously working on high-efficiency solar Cell, solar power plants, PV plant O&M (operation and maintenance), energy storage solutions, etc. The investing blueprint of SAS is going to be in full swing with its dual core business—solar and semiconductor, its diversified investment also sufficiently helps to mitigate the risks from industrial structure. The future of SAS seems bright with steady operation in both solar business and outstanding performance from GlobalWafers.