YAGEO Reported 2023 October Consolidated Sales of NT$ 9.062 Billion2023/11/09
YAGEO Corporation announced today its 2023 October consolidated sales of NT$ 9.062 billion, down 4.2% m-o-m and down 7.6.% y-o-y, respectively. The YTD (January to October) consolidated sales achieved NT$ 89.308 billion, down 12.5% y-o-y.
October’s consolidated sales was lower than previous month, mainly attributed to fewer working days in Chinese factories due to Chinese national holidays, while the supply chain's inventory and end demand adjustments continue.
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.