YAGEO Reported 2021 October Consolidated Sales of NT$ 8,605 Million


YAGEO Corporation announced today its 2021 October consolidated sales of NT$ 8,605 million, down 12.3% m-o-m but up 19.5% y-o-y, respectively. The YTD consolidated sales reached NT$ 89,460 million, up 69.9% y-o-y.


Monthly revenue was lower than previous month, mainly affected by fewer working days in October by one-fourth due to Chinese national holidays, and some clients were impacted by the supply shortage of IC components and China's power cuts in late September.


As the global pandemic outbreak has not yet eased, the supply shortage of IC components has caused delays in shipments for some customers, and customers tend to be relatively conservative in the stocking of electronic components due to China's power restrictions, YAGEO will closely monitor the market’s supply and demand and prudently respond to customers’ needs with the best production capacity allocation.