YAGEO Reported 2024 April Consolidated Sales of NT$ 10.703 Billion
2024/05/07YAGEO Corporation announced today its 2024 April consolidated sales of NT$ 10.703 billion, up 6.8% m-o-m and up 18.8% y-o-y. The YTD consolidated sales achieved NT$ 39.208 billion, up 11.7% y-o-y.
April’s consolidated sales was higher than previous month and set a record high for monthly revenue. This was mainly due to the continued increase in customer demand for AI-related applications as well as overall stable demand.
Although uncertainties such as market supply and demand, global inflation, and international conflicts persist, customers’ inventories are trending towards healthy levels. The company will closely monitor market dynamics and moderately increase capacity utilization to respond to market conditions, staying optimistic to AI demand and business outlook.
