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AUO Corporation Reports December 2019 Consolidated Revenue

Published date:2020-01-09

AUO Corporation ("AUO" or the "Company") (TSE: 2409) today announced its unaudited consolidated revenue of NT$20.71 billion for December 2019(1), down by 2.7% month-over-month and 16.7% year-over-year. In the fourth quarter of 2019, unaudited consolidated revenues were NT$61.97 billion, down by 11.5% quarter-over-quarter and 19.6% year-over-year.

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For the year ended December 31, 2019, unaudited consolidated revenues totaled NT$268.79 billion, down by 12.6% year-over-year.

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Shipments of large-sized panels(2) for LCD TV, desktop monitor, notebook PC, and other applications totaled around 8.99 million units in December 2019, down by 6.3% month-over-month. As for small-and-medium-sized panels, the shipments were around 13.40 million units, up by 18.4% month-over-month.

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In the fourth quarter of 2019, large-sized panel shipments totaled around 26.53 million units, down by 7.5% quarter-over-quarter and 6.8% year-over-year. Shipments of small-and-medium-sized panels in the same quarter reached around 37.46 million units, up by 5.2% quarter-over-quarter and 16.5% year-over-year.

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For the full year of 2019, large-sized panel shipments were around 108.24 million units, a decrease of 5.7% from the previous year. Small and medium-sized panel shipments totaled around 131.02 million units, down by 21.4% year-over-year.

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AUO December Revenue Report:

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(Unit:NT$ million)

Period

Consolidated Revenue

December 2019

20,714

November 2019

21,279

MoM Change

(2.7%)

December 2018

24,857

YoY Change

(16.7%)

Jan. to Dec. 2019

268,792

Jan. to Dec. 2018

307,634

YoY Change

(12.6%)

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(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.

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