YAGEO Reported 2024 May Consolidated Sales of NT$ 10.712 Billion
2024/06/06YAGEO Corporation announced today its 2024 May consolidated sales of NT$ 10.712 billion, up 0.1% m-o-m and up 18.9% y-o-y. The YTD consolidated sales achieved NT$ 49.920 billion, up 13.2% y-o-y.
May’s consolidated sales was higher than previous month and set another record high for monthly revenue. This was mainly due to better-than-expected pull-in momentum from AI-related application customers and overall stable demand.
Although uncertainties such as global inflation and international conflicts remain, customer inventories are continuously trending towards healthy levels. The company will closely monitor market supply and demand dynamics and increase capacity utilization to respond to market conditions, staying optimistic about the operational momentum and future outlook of AI applications.
