Yageo Reported 2019 November Consolidated Sales of NT$ 3,520 million


Yageo Corporation announced today its 2019 November consolidated sales of NT$ 3,520 million, up 9.2% m-o-m but down 34.5% y-o-y, respectively. YTD sales reached NT$ 38,026 million, down 47.6% y-o-y.


Monthly revenue was higher than previous month, mainly benefited by increased end-demand. However, due to the difficulty in recruiting enough workers in the production facilities, the Company could not raise its utilization rate to a large extent in the near term and expects that its internal finished goods level will continue to decline. But Yageo will still stay vigilant for the challenging environment as the trade frictions remain uncertain and keep prudently optimistic to its sales and operation performance.