Chilisin Consolidation Revenue- July.20182018-08-06
Chilisin Reported Revenue for July 2018 reached 65.2MUSD, YoY 45.09%
Chilisin group is announcing the consolidated monthly revenue of US$65.2 million for July 2018, which represented 12.83% growth compared to the previous month, and 45.09% growth compared to the same period of previous year. The accumulated revenue of Y2018 was US$350.5 million, YoY 21.99%. Chilsin, MagLayers, and Ralec broke historical record of monthly revenue in July 2018.
Chilisin individual revenue of June was US$21.2 million, 12.67% MoM and 18.49% YoY. The accumulated revenue of Y2018 from Chilisin was US$124.7 million, YoY 15.49% growth. The revenue was driven by the strong customer pull-in of molding and multilayer inductors with increasing booking.
MagLayers individual revenue reached US$10.4 million, 22.22% MoM, and 23.01% YoY. The accumulated revenue of Y2018 from MagLayers was US$57.9 million, YoY 1.61% growth. Maglayers July revenue was resulted from applications of high-end graphic card, datacenter, and SSD. MagLayers foresees better performance in Q3 from stronger demand continueously.
Ralec individual revenue reached US$27.1 million, 13.16% MoM, and 111.86% YoY, which was the consecutive 5th month to break historically record. The accumulated revenue of Y2018 from Ralec was US$124.1 million, YoY 51.43% growth. Ralec monthly sales continued to hit new record high, which was coming from the strong demand on both chip resistors and metal current sensors at end customers. Based on current BB Ratio, the growth momentum is worth expected.
Ferroxcube individual revenue reached US$6.5 million, -0.3% MoM, and 11.81% YoY. The accumulated revenue of Y2018 from Ferroxcube was US$43.8 million, YoY 8.34% growth. Ferroxcube sales revenue was kept flat due to the Poland factory’s delayed output.
Looking into the future, Chilisin’s orders of molding choke and small sized RF inductors keep at high level. Chilisin orders were still strong which is expected to be delivered in 2nd half year. MagLayers will be benefited from the new project being marketing, including graphic card,high-end server, and SSD applications. Ralec expected resistor demand is still over supply which will sustain the future revenue stream. Ferroxcube foresee obvious growth from end of 3rd quarter with the increasing capacity output, and orders keep coming from automotive, solar, and high-end server customers. Chilisin group expected to have prominent growth momentum in Year 2018.
Company Deputy Spokesman