Chilisin Group Consolidation Revenue- February.2021

2021-03-08

Chilisin Group reports February 2021 consolidated revenue of US$41.307 million, recording revenue down 28.26% MoM and up 36.80% YoY, with accumulated 2021 revenue of US$98.888 million, up 40.68% YoY.

 

 

Chilisin Group reports February 2021 consolidated revenue of US$41.307 million, recording revenue down 28.26% MoM and up 36.80% YoY, with accumulated 2021 revenue of US$98.888 million, up 40.68% YoY.

 

For the inductor products, the order booking numbers continue to rise and the automotive market demand is clearly warming up. For the module (LAN Transformer) products, the order booking momentum is strong; the factories are at full throttle to satisfy customer demands. For the ferrite material products, the volume of the orders shipped to the Europe and U.S. regions continue to increase, and we are gradually seeing the development results of the new customers and new products. For the RF component products, the market demand persists to go up and the shipping volume is gradually increasing month by month.

 

Although there were reduced shipping/working days in February due to the Lunar Chinese New Year, the YoY growth was still significant. We will continue to maximize the production output in March to satisfy the delayed demand due to the holidays.


 

                            

 

Company Spokesman
Kenny Chen
Manager
Phone : 886-3-261-8000 Ext #3011
Email: ir@chilisin.com

 

Company Deputy Spokesman
Queena Chen
Manager
Phone: 886-3-261-8000 Ext#3012
Email: ir@chilisin.com