AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$15,871 million and unconsolidated net sales of NT$15,865 million for the month of June 2004.
June shipment for large-size TFT-LCD panels, inclusive of panels for desktop monitor, notebook, LCD TV, and other applications, experienced a seasonal decline in PC applications, down 5.7% sequentially to 1.53 million. Unit shipment for small- and medium-size panels in June 2004 continued to improve, up 12.2% from May 2004 to 2.72 million units.
Consolidated revenues for the month decrease 4.7% M-o-M, but increased 94.3% Y-o-Y, while unconsolidated net sales decreased 4.6% M-o-M and increased 109.1% Y-o-Y, respectively. Consolidated revenues reached quarterly record of NT$48,534 million in second quarter 2004, up 103.6% Y-o-Y. For the first half of 2004, consolidated revenues totaled NT$89,865 million, a 113.4% increase over the same period in 2003.
Sales Report: (Unit: NT$ million)
| Net Sales | Consolidated(1)(2)(3) | Unconsolidated |
| June 2004 | 15,871 | 15,865 |
| May 2004 | 16,656 | 16,631 |
| M-o-M Growth | -4.7% | -4.6% |
| June 2003(4) | 8,168 | 7,587 |
| Y-o-Y Growth | 94.3% | 109.1% |
| 1H2004 | 89,865 | 86,880 |
| 1H2003 | 42,110 | 39,191 |
| Y-o-Y Growth | 113.4% | 121.7% |
- All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
- Year 2004 figures are unaudited, prepared by AU Optronics Corp.
- Including AU Optronics Corporation ("AUT"), AU Optronics (Lauban) Corporation ("AUL"), and AU Optronics (Suzhou) Corporation ("AUS").
- Numbers changed to reflect the adjustments made by auditors for 1H 2003 Audited Consolidated Financial Statements.