Yageo announced today that its consolidated net revenue for November 2020 was NT$7.670 billion. The monthly revenue increased by 6.5% from the previous month and 117.9% from the same period last year; the cumulative net revenue from January to November wasNT$ 60.325 billion, an increase of 58.6% over the same period last year.

Revenue in November increased from the previous month, mainly due to strong demand in the European and American markets and the number of working days in the Chinese plant has returned to normal.As it has become difficult to recruit workers for the Greater China production plant before the Lunar New Year, the company will do its best to maintain a stable capacity utilization rate to meet the needs of the clients, but it is still unable to increase the finished product inventory level.

Although the global epidemic is still severe and the uncertainty of international trade disputes is high, Yageo’s revenue and product portfolio continue to be optimized, and in response to the doubling of the demand for high-end special products from the technology application side in the future, it will create more stability for the companyRevenue and profit growth momentum.