Chilisin Consolidation Revenue-September.2019

2019-10-07

Chilisin Group reports September 2019 consolidated revenue of US$45.103 million, recording revenue down 0.35% MoM and down 31.89% YoY, with accumulated 2019 revenue of US$382.366 million, down 11.52% YoY.

 

 

Chilisin Group reports September 2019 consolidated revenue of US$45.103 million, recording revenue down 0.35% MoM and down 31.89% YoY, with accumulated 2019 revenue of US$382.366 million, down 11.52% YoY.

Chilisin’s individual revenue of September 2019 was US$17.490 million, up 0.23% MoM but down 18.74% YoY.

MagLayer’s individual revenue of September 2019 was US$8.313 million, down 1.41% MoM and 17.92% YoY.

Magic’s individual revenue of September 2019 was US$4.702 million, up 7.96% MoM but down 6.56% YoY.

Due to the supply shortage of the Intel CPU that affects the order pulling from our customers, and under the continuing impact of the Sino-US trade war, the above-three mentioned inductor companies’ revenues of September decreased MoM slightly and declined YoY.

Ralec’s individual revenue of September was US$9.707 million, down 0.78% MoM and down 66.52%YoY. The revenue for September decreased MoM as the European customers continue to digest their existing inventory due to the Sino-US trade war. However, their inventory stock for Q4 should be relatively low.

Ferroxcube’s individual revenue of September was US$4.892 million, down 6.63% MoM and down 12.31% YoY. The decrease in revenue was mainly because of the impacts from current global economy, oil prices and the depreciation of EURO.

 

Company Spokesman
Wayne Tyan
Special Assistant
Phone : 886-3-5992646 Ext #387
Email: ir@chilisin.com

 

Company Deputy Spokesman
Karen Yang
Manager
Phone: 886-3-5992646 Ext#236
Email: ir@chilisin.com