Chilisin Consolidation Revenue- August.20182018-09-05
Chilisin Reported Revenue for August 2018 reached 67.2MUSD, YoY 42.65%; 2018 Accumulated Revenue 417.8MUSD, continue to break record
Chilisin group is announcing the consolidated monthly revenue of US$67.2 million for August 2018, which represented 3.02% growth compared to the previous month, and 42.65% growth compared to the same period of previous year. The accumulated revenue of Y2018 was US$417.8 million, YoY 24.90%. Chilsin, MagLayers, and Ralec broke historical record of monthly revenue in August 2018 again.
Chilisin individual revenue of June was US$21.7 million, 2.71% MoM and 15.62% YoY. The accumulated revenue of Y2018 from Chilisin was US$146.5 million, YoY 15.51% growth. The revenue was driven by the strong customer pull-in with strong booking.
MagLayers individual revenue reached US$10.5 million, 0.08% MoM, and 18.51% YoY. The accumulated revenue of Y2018 from MagLayers was US$68.3 million, YoY 3.88% growth. Maglayers August revenue was resulted from orders for high-end graphic card, datacenter server, and SSD.
Ralec individual revenue reached US$29.2 million, 7.58% MoM, and 118.67% YoY, which again was to break historically record. The accumulated revenue of Y2018 from Ralec was US$153.3 million, YoY 60.85% 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.
Ferroxcube individual revenue was US$5.8 million, -10.37% MoM, and -5.29% YoY. The accumulated revenue of Y2018 from Ferroxcube was US$49.6 million, YoY 6.55% growth. Due to the sales weight of China customers increased in August, Ferroxcube revenue was impacted by this customer mix change. Ferroxcube keeps capacity fully loaded in order to meet customers’ request, sales revenue is expected to step upside further.
Looking into the future, Chilisin’s orders of molding choke and small sized RF inductors keep at high level. 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