YAGEO Reported 2024 January Consolidated Sales of NT$ 10.021 Billion
2024/02/05YAGEO Corporation announced today its 2024 January consolidated sales of NT$ 10.021 billion, up 12.0% m-o-m and up 17.8.% y-o-y, respectively.
January’s consolidated sales was higher than previous month, mainly attributed to higher-than-expected shipment momentum from customers in AI-related applications, normal working days in the month, and the increase in stockings by customers in Greater China before the Lunar New Year holidays.
Moving forward, the clients' inventory adjustments continue positively, and the supply chain’s inventory level gradually become healthy despite macro uncertainties such as market demand/supply, rising inflation, and international conflicts are still there. The company will closely monitor the market situation and stay optimistic to AI demand and outlook.
