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Event2023-04-06
Chicony Power Reports March 2023 Consolidated Revenue
| Chicony Power Technology Co., Ltd. (6412.TW) announced unaudited consolidated March sales of NT$3,068 million, down 20.7% YoY but up 19.3% MoM. The solid month-over-month revenue growth in March was suggesting that the company has reached some level of stability after its customers’ aggressive inventory digestion. The company expects the first quarter to represent the trough of its business, while its revenues in the quarter totaled NT$8,291 million, down 21% YoY. | |
| Monthly Sales report for March 2023: | |
| Unit: NTD Thousand |
| Consolidated Net Revenue | |
| March 2023 | 3,068,216 |
| March 2022 | 3,867,825 |
| YoY Change | -799,609 |
| YoY Change (%) | -20.67 |
| Accumulated, as of March 2023 | 8,291,400 |
| Accumulated, the same period of previous year | 10,493,426 |
| YoY Change | -2,202,026 |
| YoY Change (%) | -20.98 |
