AU Optronics : Reports December 2019 Consolidated Revenue

AU Optronics Corp. Reports December 2019 Consolidated Revenue

Published date: 2020-01-09

AU Optronics Corp. ('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.

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

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.

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.

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.

AUO December Revenue Report:

(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%)

(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.