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YAGEO Reported 2022 June Consolidated Sales of NT$ 10,689 Million

2022/07/07

YAGEO Corporation announced today its 2022 June consolidated sales of NT$ 10,689 million, up 1.5% m-o-m and up 12.5% y-o-y, respectively. The second quarter consolidated sales reached NT$ 31,364 million, up 4.1% q-o-q and up 13.1% y-o-y, respectively. 1H22 consolidated sales achieved NT$ 61,493 million, up 19.5% y-o-y.

 

June’s consolidated sales was higher than previous month, mainly attributed to stable demand from premium business, together with the ease of lockdowns in China, which had gradually lifted demand and order shipment.

 

Moving forward to the third quarter, the company's premium business, which accounted higher revenue proportion, remains stable and solid, while the demand of standard business, which accounted lower revenue proportion, is still under adjustment. YAGEO will continually monitor the uncertainties, such as global pandemic outbreak, rising inflation, international conflicts, as well as the recovery status of end demand and logistics after the ease of lockdowns in China, and stay cautiously optimistic to its sales and operation outlook.

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