Chilisin Consolidation Revenue-September.2019
2019-10-07Chilisin 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.
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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.
*Each monthly figures are based on exchange rate of the reporting month, for reference purpose only. Company Spokesman
Company Deputy Spokesman |
