Yageo Reported 2020 July Consolidated Sales of NT$ 7,010 Million
2020/08/06Yageo Corporation announced today its 2020 July consolidated sales of NT$ 7,010 million, up 54.4% m-o-m and up 107.4% y-o-y, respectively. The YTD sales reached NT$ 30,496 million, up 25.2% y-o-y.
Monthly revenue in July was significantly higher than previous month, mainly benefited from the consolidation of KEMET’s monthly sales, gradual improvement in production and capacity utilization at the Chinese factories, and stable demands from end customers.
Although the global COVID-19 epidemic has not eased and the macro outlook is still uncertain, Yageo’s revenues and product portfolio have been undergone structural changes. Future applications will focus on high-end automotive, industrial, aerospace, and medical segments. The company’s revenue and profit will continue to maintain growth momentum.
