Yageo Corporation announced consolidated sales for the month, and year to date ended July 2023. For the month, the company reported consolidated sales of TWD 8.888 billion, up 1.3% m-o-m but down 14.6% y-o-y, respectively.

For the year to date, consolidated sales achieved TWD 61.776 billion, down 14.1% y-o-y.

July's consolidated sales was higher than previous month due to normal working days in Greater China plants in this month, but the supply chain's inventory and end demand adjustment continues.