YAGEO Reported 2024 August Consolidated Sales of NT$ 10.318 Billion
2024/09/09YAGEO Corporation announced today its 2024 August consolidated sales of NT$ 10.318 billion, down 6.2% m-o-m but up 14.5% y-o-y. The YTD consolidated sales achieved NT$ 81.246 billion, up 14.8% y-o-y.
August's consolidated sales decreased compared to the previous month, mainly due to the impact of the summer holidays in Europe. However, demand for AI-related applications remained strong, and other regions maintained stable momentum, setting a record for the second-highest month revenue in the same period.
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.
