YAGEO Reported 2024 July Consolidated Sales of NT$ 11.005 Billion
2024/08/08YAGEO Corporation announced today its 2024 July consolidated sales of NT$ 11.005 billion, up 10.0% m-o-m and up 23.8% y-o-y, setting another record high for monthly revenue. The YTD consolidated sales achieved NT$ 70.928 billion, up 14.8% y-o-y.
July’s consolidated sales was higher than previous month due to robust demand for AI-related applications, shipment momentum recovers in the US, Europe, and Japan markets, and a return to normal working days in the Greater China factories.
Although uncertainties such as global inflation, interest rate fluctuations, and international geopolitical situations remain, customer inventory levels have reached a healthy state. The company will closely monitor market supply and demand dynamics and continue to increase capacity utilization in response to market conditions, remaining optimistic about the operational momentum and future prospects of AI applications.
