Chilisin Consolidation Revenue- April 20182018-05-07
Chilisin Reported Revenue for April 2018 reached 41.8MUSD
Chilisin group is announcing the consolidated monthly revenue of US$41.8 million for April 2018, which represented 6.49% growth compared to the previous month, and 21.04% growth compared to the same period of previous year.
Chilisin individual revenue in April was US$19.0 million, 4.33% MoM and 18.49% YoY. Ralec individual revenue reached US$16.4 million, 10.30% MoM, and 31.09% YoY. Ferroxcube individual revenue reached US$6.3 million, 3.62% MoM, and 6.56% YoY.
Chilisin revenue of April performed better than last month, which was resulted from strong pull-in on multilayer, molding and wire-winding inductor products. Ralec monthly sales continued to hit new record high, which was coming from the strong demand on chip resistors and metal current sensors at end customers. Ferroxcube sales revenue were slightly increased in April. The capacity output will be pushed up from June which is expected to sustain growth momentum then.
Looking into the future, Chilisin’s orders of molding choke and small sized RF inductors keep at high level. April orders were still strong which is expected to be delivered in 2nd quarter. Ralec total orders of April his 36MUSD, which is historically high. The newly-added capacity at Malaysia factory on chip resistors will gradually contribute to sales revenue in coming quarter. Ferroxcube April orders also sustain at peak, coming from automotive, solar, and high-end server customers. In all, Chilisin group expected to have prominent growth momentum in Year 2018.
Company Deputy Spokesman