SINBON Electronics : Non-audited Sales Revenue in February 2023

The non-audited sales revenue for connector and cable assembly manufacturer, SINBON (TSEC#: 3023), in February 2023 is NT$2.859 billion which is an increase of 33.88% and 3.07% over 2022 February's revenue of NT$2.135 billion and January 2023 of NT$2.756 billion respectively. The non-audited accumulated sales revenue for the last two-month is NT$5.615 billion, which is an increase of 20.09% over the same period of 2022.

According to SINBON, the sales revenue for February is NT$2.859 billion which surpassed the record of NT$2.802 billion in November 2022 and it is another company history high for a single month sales revenue. The accumulated sales revenue of last two months in 2023 is NT$5.615 billion and it is also the company history high comparing with the same period in previous years. The major growths come from medical and health care field, green energy, and industrial applications which the growth rates are +6.18%, +28.90%, and +2.13% accordingly. Compared with the same period of last year, the operating performance of each field in the last two months is: +14.32% in the medical and health care field; +46.44% in the automobile field; +63.58% in the green energy and ecology related field; +22.77% in the industrial control field; and -19.60% in the communication and electronic peripherals field.

Upon sales revenue by each product category, cable assemblies take about 83.31%, while connectors and other components/accessories take about 16.69% of total sales revenue.

Broken down by each field, the total shipments are: green energy and ecology related (32.73%); industrial control related (26.74%); automotive (15.94%); communication and electronic peripheral components (15.59%); medical and personal care devices (9.00%).