Yageo Q2 Achieves Record Quarterly Revenue, Optimistic Outlook for the Future

Reported about 1 year ago

Yageo (2327) announced second-quarter revenue of 31.419 billion NT dollars, a 10.2% increase from the previous quarter and a 17.3% increase year-on-year, setting a new historical record. Yageo is optimistic about the third quarter as customer inventories are improving. Despite a 6.6% monthly decrease in June due to inventory checks, Yageo's revenue for the first half of the year reached 599.23 billion NT dollars, a 13.3% increase from the previous year. The company, mainly engaged in passive components and electronic components, remains positive about the future with a steady demand for AI applications.

Source: YAHOO

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