YAGEO Reported 2022 July Consolidated Sales of NT$ 10,410 Million
2022/08/08YAGEO Corporation announced today its 2022 July consolidated sales of NT$ 10,410 million, down 2.6% m-o-m but up 6.5% y-o-y, respectively. The YTD consolidated sales achieved NT$ 71,903 million, up 17.4% y-o-y.
July’s consolidated sales was slightly lower than previous month, mainly attributed to continued inventory adjustment from standard products and end demand. But the company's premium business still maintains a steady demand momentum.
YAGEO will continually monitor the uncertainties, such as global pandemic outbreak, rising inflation, international conflicts, as well as the recovery status of end demand and logistics after the ease of lockdowns in China, and stay cautiously optimistic to its sales and operation outlook.
