AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced preliminary consolidated December 2005 monthly revenues, which reached a record high of NT$24,592 million, while unconsolidated net sales totaled NT$24,589 million, both representing an increase of 1.6% sequentially. On a year-over-year comparison, December 2005 consolidated revenues increased by 84.4%, while unconsolidated net sales rose by 89.1%.
Driven primarily by shipments of large-sized panels(a) used in desktop monitor, notebook PC, LCD TV and other applications, the new record reached a high of 3.32 million, a 4.7% increase from November 2005. Shipments of small- and medium-sized panels declined to total 4.35 million, a 17.5 % sequential decrease due to seasonal demand.
Preliminary shipments of large-sized panels for the fourth quarter reached 9.60 million, a 20.4% sequential increase, while shipments for small- and medium-sized panels declined to total 14.17 million, a 19.4 % sequential decrease due to seasonal demand. Unit sales across the board exceeded fourth quarter guidance, provided on October 25, 2005, primarily contributed by the smooth ramp-up of AUO’s Gen. 6 fabrication facility.
For the year ended December 31, 2005, unaudited consolidated and unconsolidated revenue totaled NT$217,388 million and NT$217,295 million respectively, representing 29.3% and 32.0% Y-o-Y growth. Unit shipments increased by 62.6% for large-sized panels and 62.2% for small- and medium-sized panels.
(a) Large-size refers to panels that are 10 inches and above in diagonal measurement while small- and medium-size refers to those below 10 inches
Sales Report: (Unit: NT$ million)
|Net Sales(1) (2)||Consolidated(3)||Unconsolidated|
|Year Ended December 2005||217,388||217,295|
|Year Ended December 2004||168,112||164,603|
(1) All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2) Monthly figures are unaudited, prepared by AU Optronics Corp.
(3) Consolidated numbers include AU Optronics Corp., AU Optronics (L) Corporation, and AU Optronics (Suzhou) Corporation.