YAGEO Reported 2023 July Consolidated Sales of NT$ 8.888 Billion


YAGEO Corporation announced today its 2023 July consolidated sales of NT$ 8.888 billion, up 1.3% m-o-m but down 14.6% y-o-y, respectively. YTD consolidated sales achieved NT$ 61.776 billion, down 14.1% y-o-y.


July’s consolidated sales was higher than previous month due to normal working days in Greater China plants in this month, but 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 situation and stay prudently to its sales and operation outlook.