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AUO Corporation Reports March 2020 Consolidated Revenue

Published date:2020-04-09

AUO Corporation ("AUO" or the "Company") (TWSE: 2409) today announced its unaudited consolidated revenue of NT$20.51 billion for March 2020(1), up by 16.0% month-over-month and down by 15.9% year-over-year. Consolidated revenues in the first quarter of 2020 were NT$53.69 billion, down by 13.4% quarter-over-quarter and 19.5% year-over-year.

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Shipments of large-sized panels(2) for LCD TV, desktop monitor, notebook PC, and other applications exceeded 8.73 million units in March 2020, up by 15.6% month-over-month. As for small-and-medium-sized panels, the shipments were around 11.82 million units, up by 30.2% month-over-month.

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In the first quarter of 2020, large-sized panel shipments totaled around 22.42 million units, down by 15.5% quarter-over-quarter and 13.3% year-over-year. Shipments of small-and-medium-sized panels in the same quarter were around 29.52 million units, down by 21.2% quarter-over-quarter and up by 18.3% year-over-year.

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AUO March Revenue Report:

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(Unit:NT$ million)

Period

Consolidated Revenue

March 2020

20,510

February 2020

17,689

MoM Change

16.0%

March 2019

24,389

YoY Change

(15.9%)

Jan. to Mar. 2020

53,690

Jan. to Mar. 2019

66,705

YoY Change

(19.5%)

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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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