YAGEO Reported 2023 March Consolidated Sales of NT$ 9.006 Billion
2023/04/07YAGEO Corporation announced today its 2023 March consolidated sales of NT$ 9.006 billion, up 4.9% m-o-m but down 15.2% y-o-y, respectively. The first-quarter consolidated sales achieved NT$ 26.097 billion, down 9.4% q-o-q and down 13.4% y-o-y.
March’s consolidated sales was higher than previous month mainly attributed to a bit more working days in this month, but the supply chain's inventory and end demand adjustment continues.
Moving forward to the second quarter, with macro uncertainties such as market demand/supply, rising inflation, and international conflicts, YAGEO will closely monitor the market and stay prudently to its sales and operation outlook.
