Chilisin Consolidation Revenue- May.20182018-06-04
Chilisin Reported Revenue for May 2018 reached 45.7MUSD
Chilisin group is announcing the consolidated monthly revenue of US$45.7 million for May 2018, which represented 11.74% growth compared to the previous month, and 35.75% growth compared to the same period of previous year. The accumulated revenue of Y2018 was US$189.2 million, YoY 17.25%.
Chilisin individual revenue of May was US$20.6 million, 10.48% MoM and 31.99% YoY, which hit historically record. The accumulated revenue of Y2018 from Chilisin was US$84.9 million, YoY 31.99% growth. Ralec individual revenue reached US$18.6 million, 15.50% MoM, and 50.41% YoY, which was the consecutive 3rd month to reach historically record high in terms of revenue. The accumulated revenue of Y2018 from Ralec was US$73.2 million, YoY 29.58% growth. Ferroxcube individual revenue reached US$6.5 million, 5.67% MoM, and 14.13% YoY. The accumulated revenue of Y2018 from Ferroxcube was US$31 million, YoY 6.63% growth.
Chilisin revenue of May was refreshing own record in company’s history, which was resulted from the newly-added capacity of molding chokes with strong demand from customer side. The market also continued the trend to pull in multilayer and wire-wound inductor products. and wire-winding inductor products. Ralec monthly sales continued to hit new record high, which was coming from the stronger-than-expected demand on chip resistors and metal current sensors at end customers. Ferroxcube sales revenue was increased in May with 5.67% MoM. The capacity output will be pushed up from June-July timeframe which is expected to sustain growth momentum then.
Looking into the future, Chilisin’s orders of molding choke and small sized RF inductors keep at high level. May orders were still strong which is expected to be delivered in 2nd quarter. Ralec total orders of May his US$ 35.7 million, which was still remarkable. The newly-added capacity at Malaysia factory on chip resistors will gradually contribute to sales revenue in coming quarter, combining with the effects from market price upside. Ferroxcube May orders also sustain at peak, coming from automotive, solar, and high-end server customers. In all, Chilisin group expected to have prominent growth momentum in Year 2018.
Company Deputy Spokesman