1.Date of occurrence of the event:2022/04/26
2.Company name:YAGEO Corporation
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:YAGEO Corporation (2327 TW) today announced its
first-quarter results of 2022. Net consolidated sales reported NT$ 30,134
million, up 17.3% q-o-q and up 26.9% y-o-y, respectively, setting its second
highest quarterly revenue in the company's history. Net consolidated
profits after tax attributable to parent company in the first quarter
reported NT$ 6,244 million, up 31.8% q-o-q and up 24.7% y-o-y, respectively,
or earnings per share of NT$ 11.59.
First-quarter gross margin rate posted 38.1%, down 1.9 percentage point
q-o-q and down 1.0 percentage point y-o-y, respectively. The operating
profit reached NT$ 7,487 million with 24.8% operating profit margin rate,
down 0.9 percentage point q-o-q and down 0.6 percentage point y-o-y,
respectively. Non-operating items posted a net gain of NT$ 569 million in
the first quarter, mainly attributed to realized and unrealized net gain on
foreign exchange NT$ 534 million.
As the uncertainty of international conflicts arises and there is no instant
solution for the supply shortage of IC components, while the extension of
lockdowns in Kunshan and Shanghai areas has caused further logistics
restriction on material supply and order shipment, YAGEO will closely
monitor the market condition and stay prudently optimistic to its sales and
operation outlook.
6.Countermeasures:NA
7.Any other matters that need to be specified:NA
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Yageo Corporation published this content on 26 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 09:49:09 UTC.
Yageo Corp is a Taiwan-based company engaged in the research, development, manufacture and sale of passive components and related manufacture equipment. The main products include multilayer ceramic chip capacitors (MLCC), tantalum electrolytic capacitors, chip resistors, wireless and advanced electronic components, through hole resistors, circuit protection components, inductors, and others. The MLCC include high voltage, soft termination. The chip resistors include automotive metal current sensors, thin-film precision resistors. The advanced electronic components include wireless components, high-end transformers. The through hole resistors include carbon film resistors, metal film resistors. The circuit protection components include varistors and others. The inductors include wire wound chip inductors and others. The Company provides value-added services and customization services. The Company distributes products in China, the rest of Asia Pacific, the Americas and Europe.