Reported 3 months ago
Micro Energy is set to list at NT$80 on July 19, with plans to tap into overseas markets, starting with Vietnam. The company is targeting 400MW of development this year, aiming for a total of 850MW by 2027. Following a significant revenue increase of 325.14% in 2023, contributing to a net profit of NT$1.32 billion, Micro Energy remains cautiously optimistic about future earnings and is expanding its sustainable energy projects, including a recent collaboration with a Vietnamese developer. The first phase of the Vietnam project is set to begin in early 2024, expected to contribute 30% to the company's revenue.
Source: YAHOO