United Microelectronics Reported July 2024 Net Sales Growth Of 9.61% YoY
Portfolio Pulse from Benzinga Newsdesk
United Microelectronics Corporation (NYSE:UMC) reported a 9.61% year-over-year increase in net sales for July 2024, reaching 20,896,877. For the period from January to July 2024, net sales grew by 2.13% compared to the same period in 2023.
August 06, 2024 | 7:36 am
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United Microelectronics Corporation (NYSE:UMC) reported a 9.61% year-over-year increase in net sales for July 2024, indicating strong performance. This positive sales growth could boost investor confidence and potentially drive the stock price up in the short term.
The 9.61% year-over-year increase in net sales for July 2024 demonstrates strong performance by UMC. This positive financial result is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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