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AU Optronics Corp. Reports March 2019 Consolidated Revenue

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its unaudited consolidated revenue of NT$24.39 billion for March 2019(1), up by 17.4% month-over-month and down by 4.6% year-over-year. Consolidated revenues in the first quarter of 2019 were NT$66.70 billion, down by 13.5% quarter-over-quarter and 10.4% year-over-year.

 

Shipments of large-sized panels(2) for LCD TV, desktop monitor, notebook PC, and other applications were around 9.68 million units in March 2019, up by 19.0% month-over-month. As for small-and-medium-sized panels, the shipments were approximately 10.27 million units, up by 50.7% month-over-month.

 

In the first quarter of 2019, large-sized panel shipments totaled around 25.87 million units, down by 9.1% quarter-over-quarter and 9.3% year-over-year. Shipments of small-and-medium-sized panels in the same quarter were around 24.96 million units, down by 22.4% quarter-over-quarter and 46.4% year-over-year.

 

 

AUO March Revenue Report:

(Unit: NT$ million)

 

Period Consolidated Revenue
March 2019 24,389
February 2019 20,783
MoM Change 17.4%
March 2018 25,554
YoY Change (4.6%)
Jan. to Mar. 2019 66,705
Jan. to Mar. 2018 74,445
YoY Change (10.4%)

 

 

(1) All financial information was unaudited and was prepared by the Company in accordance with Taiwan IFRS.

(2) Large size refers to panels that are 10 inches and above.