YAGEO Reported 2023 February Consolidated Sales of NT$ 8.588 Billion2023/03/08
YAGEO Corporation announced today its 2023 February consolidated sales of NT$ 8.588 billion, up 1.0% m-o-m but down 7.1% y-o-y, respectively. The YTD consolidated sales achieved NT$ 17.091 billion, down 12.4% y-o-y.
February’s consolidated sales was higher than previous month mainly attributed to the rebound in the number of working days in this month, but the supply chain's inventory and end demand adjustment continues.
With many macro uncertainties such as market demand/supply, rising inflation, and international conflicts, YAGEO will closely monitor the market and stay prudently to its sales and operation outlook.