Yageo Reported 2021 February Consolidated Sales of NT$ 7,006 Million
2021/03/08Yageo Corporation announced today its 2021 February consolidated sales of NT$ 7,006 million, down 12.6% m-o-m but up 161.1% y-o-y, respectively. The YTD consolidated sales reached NT$ 15,018 million, up 150.9% y-o-y.
February’s consolidated sales was lower than previous month, mainly affected by Chinese New Year holidays with fewer working days by one-third in February.
Meanwhile, current capacity utilization rate in Greater China plants has gradually recovered back to the level of pre-CNY holidays to meet strong market demand.
Yageo will stay vigilant for the challenging environment while the global COVID-19 pandemic has not eased and the trade frictions remain uncertain, and keep prudently optimistic to its sales and operation outlook.
