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OPTRONICS REPORTS PRELIMINARY UNAUDITED 2003 RESULTS (2004.01.29)
Hsin Chu, Taiwan

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today reported preliminary unaudited 2003 results in accordance with generally accepted accounting principles in Taiwan ("ROC GAAP") to comply with requirements issued by the Republic of China Securities and Futures Commission ("ROC SFC") for disclosure of financial forecasts by public companies.

Unaudited Full Year 2003 Results Compared with Financial Forecasts(1)(2)

 

Amount: NT$ Million Except Per Share Data  FY 2003 Unconsolidated  FY 2003 Consolidated
Unaudited   Forecast Unaudited   Forecast
Net Sales  $97,610 $94,102  $104,861 $102,809
Gross Profit  22,321 21,451  23,462 --
Operating Income  15,570 14,682   16,245 -- 
Pre-Tax Income  15,573 14,116 15,573  14,116 
Net Income  15,660 14,116  15,660 14,116
Basic EPS  NT$3.65 NT$3.29  NT$3.65 NT$3.29
Fully Diluted EPS  NT$3.61 NT$3.26  NT$3.61 NT$3.26

(1) All figures are prepared in accordance with generally accepted accounting principles in Taiwan
(2) All Full Year 2003 figures, including both consolidated and unconsolidated, have not been audited, prepared by AU Optronics Corp. only

AUO FY2003 Results Announcement
AU Optronics Corp. is scheduled to announce its audited FY2003 consolidated financial results on February 10, 2004 and is in quiet period prior to February 10, 2004. Further information concerning the company's 4Q 2003 financial results, business performance or industry outlook will be provided in the Company's FY2003 results announcement on February 10, 2004.