Chilisin Group Consolidation Revenue- July.2020
2020-08-05Chilisin Group reports July 2020 consolidated revenue of US$53.365 million, recording revenue up 10.17% MoM and up 17.85% YoY, with accumulated 2020 revenue of US$324.245million, up 7.13% YoY.
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Chilisin Group reports June 2020 consolidated revenue of US$48.331 million, recording revenue slightly down 1.43% MoM but up 8.64% YoY, with accumulated 2020 revenue of US$270.266 million, up 5.25% YoY. Chilisin Group reports July 2020 consolidated revenue of US$53.365 million, recording revenue up 10.17% MoM and up 17.85% YoY, with accumulated 2020 revenue of US$324.245 million, up 7.13% YoY. For the inductor products, the revenue exceeded US$36.7 million and has hit a new high in record history. Shipping momentum continued to be solid for the molding product series for educational/gaming laptops and smart phones. As more automobile factories are gradually resuming productions and increasing demands post lockdowns, the Molding and Automotive products both contributed to the high revenue growth. For the resistor products, the strategy in specialty markets has seen results that the volume of our specialty product orders had increased. For the ferrite material products, the revenue is growing gradually, following the resuming productions of the automotive factories in the U.S. and Europe. The consolidated revenue of July is US$53.365 million and has reached a record high for the past 21 months. We expect the shipping momentum of Q2 to carry forward and continue throughout Q3.
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