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AUO July 2004 Consolidated Revenues Totaled NT$14.6 Billion (2004.08.09)
Hsinchu, Taiwan

AU Optronics Corp. ('AUO' or the 'Company') (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$14,601 million and unconsolidated net sales of NT$14,564 million for the month of July 2004.

July shipment for large-size TFT-LCD panels, inclusive of panels for desktop monitor, notebook, LCD TV, and other applications, continued to be impacted by customers’ inventory adjustments, increased by a moderate 2.6% from June to 1.57 million. Unit shipment for small- and medium-size panels reached 3.06 million in July on seasonal strength, rising 12.4% on a month-over-month basis.

Consolidated revenues for the month declined 8.0% M-o-M, but grew 69.7% Y-o-Y, while unconsolidated net sales decreased 8.2% M-o-M and increased 82.5% Y-o-Y, respectively.

Sales Report: (Unit: NT$ million)


Net Sales (1)(2)(4) Consolidated (3) Unconsolidated
July 2004 14,601 14,564
June 2004 15,867 15,865
M-o-M Growth -8.0% -8.2%
July 2003 8,604 7,980
Y-o-Y Growth 69.7% 82.5%
Year-to-Date 104,462 101,444
Y-o-Y Growth 106.0% 115.1%

  • (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 (Lauban) Corporation, and AU Optronics (Suzhou) Corporation.
  • (4) Numbers modified to reflect the adjustments made by auditors for 1H 2003 Consolidated Financial Statements and to reflect foreign exchange translation adjustments.