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AU Optronics Corp. Reports March 2020 Consolidated Revenue

AU Optronics Corp. ("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.

 

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.

 

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.

 

 

AUO March Revenue Report:

(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%)

 

 

(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.