AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced preliminary consolidated net sales of NT$12,825 million and unconsolidated net sales of NT$12,767 million for the month of October 2004.
Unit shipments of large-sized panels for applications such as desktop monitor, notebook, and LCD TV, reached a record high of 1.7 million, a 7.2% increase over September. Shipments of small- and medium-sized panels began a seasonal decline in October, decreasing by 15.7% from September to 3.7 million.
Unaudited consolidated revenues for the month of October decreased slightly by 0.8% M-o-M, while unconsolidated net sales posted a moderate decline of 1.1% from September. On a year-over-year basis, consolidated and unconsolidated net sales rose 15.4% and 23.2%, respectively. Revenues for January through October totaled NT$141.4 billion, representing an increase of 73.3% from the previous year.
Sales Report: (Unit: NT$ million)
| Net Sales (1)(2)(4) | Consolidated (3) | Unconsolidated |
| October 2004 | 12,825 | 12,767 |
| September 2004 | 12,932 | 12,909 |
| M-o-M Growth | -0.8% | -1.1% |
| October 2003 | 11,114 | 10,359 |
| Y-o-Y Growth | 15.4% | 23.2% |
| Year-to-Date 2004 | 141,441 | 138,305 |
| Year-to-Date 2003 | 81,595 | 75,886 |
| Y-o-Y Growth | 73.3% | 82.3% |
(1) All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2) Year 2004 figures are unaudited, prepared by AU Optronics Corp.
(3) Consolidated numbers include AU Optronics Corporation, AU Optronics (L) Corporation, and AU Optronics (Suzhou) Corporation.
(4) Numbers modified to reflect the adjustments made by auditors on First Nine Months 2004 Financial Statements and to reflect foreign exchange translation adjustments.