YAGEO Reported 2023 May Consolidated Sales of NT$ 9.007 Billion


YAGEO Corporation announced today its 2023 May consolidated sales of NT$ 9.007 billion, flattish m-o-m but down 14.5% y-o-y, respectively. The YTD consolidated sales achieved NT$ 44.114 billion, down 13.2% y-o-y.


May’s consolidated sales was flattish as previous month mainly due to the supply chain's inventory and end demand adjustment continues.


As macro uncertainties such as market demand/supply, rising inflation, and international conflicts are still there, YAGEO will closely monitor the market and stay prudently to its sales and operation outlook.