Yageo, a leading manufacturer of passive components, has reported a notable achievement in its financial performance, recording an April revenue of NT$10.703 billion. This figure represents a monthly increase of 6.8% and an impressive annual growth of 18.8%, marking the highest single-month revenue in the company’s history. The robust revenue stream is attributed largely to escalating demand from AI-related applications and strong overall market demand, pushing the cumulative revenue for the first four months of the year to 39.208 billion yuan, up 11.7% year-over-year.
Despite facing challenges such as market volatility, global inflation, and complex international scenarios, Yageo remains optimistic about its operational health and market trajectory. The company is keenly observing market trends and is ready to adjust its production capacity utilization to align with current market demands.
Looking ahead, Yageo’s management has forecasted a promising outlook for the second quarter, with anticipated revenues reaching approximately 28.5 billion yuan. This projection suggests a quarterly increase of between 1% and 3%. Moreover, Yageo expects to see a single-digit percentage increase in both gross profit margin and operating profit margin for the quarter, reinforcing the company’s positive stance on its business performance and the potential of AI applications in driving future growth.
