Yageo Reports 2019 July Consolidated Sales of NT$ 3,380 million
2019/08/07Yageo Corporation announced today its 2019 July consolidated sales of NT$3,380 million, up 10.2% m-o-m but down 65.6% y-o-y. YTD sales reached NT$24,350 million, down 39.2% y-o-y.
Monthly revenue increased mainly attributed to increased demand in Greater China and other Asia regions. Moving forward, as the customer’s inventory digestion and the company’s inventory adjustment with low utilization rate has been gradually stabilized in last 3 quarters, and the end demand and market application started to show positive signal of recovery, Yageo will stay vigilant for the challenging environment as growing concerns on the trade frictions and still remain conservative about its sales and operation performance.
