|
AUO reports strong profit growth for 2017 Rodney Chan, DIGITIMES, Taipei Wednesday 7 February 2018 AU Optronics (AUO) has reported strong profit growth for 2017. Net profit attributable to owners of the company arrived at NT$32.36 billion (US$1.11 billion), with a basic EPS of NT$3.36 in 2017, compared to net profit of NT$6.61 billion in 2016, according to the LCD panel maker. For the full year 2017, consolidated revenues totaled NT$341.03 billion, an increase of 3.6% on year, AUO said. AUO's fourth-quarter 2017 consolidated revenues came to NT$80.66 billion (US$2.76 billion), down by 7.7% sequentially, with net profit attributable to owners of the company reaching NT$4.20 billion, or a basic EPS of NT$0.44. In the fourth quarter of 2017, large-sized (10-inch and above) panel shipments reached around 28.65 million units, down by 1.5% on quarter. Shipments of small- to medium-sized panels in the quarter exceeded 46.96 million units, up by 0.3% on quarter. For 2017, large-sized panel shipments exceeded 111.80 million units, an increase of 1.2% from the previous year. Small- to medium-sized panel shipments totaled 168.85 million units, up by 9.7% year-over-year. The panel maker said fourth-quarter 2017 gross margin was 13.9%, with operating margin at 7.1%. Operating margin of the Display segment was 9%, it said. For 2017, gross margin and operating margin were 17.9% and 11.5% respectively. Operating margin of the Display segment for the year was 12.4%. Looking back on the fourth quarter, AUO said although its revenues were down by 7.7% sequentially due to continued panel prices decline, its profitability remained at a good level. "Operating profit for 2017 more than tripled over the previous year to NT$39.14 billion. Net profit attributable to owners of the company reached NT$32.36 billion, more than quadrupled year over year. Both the profitability indexes marked the highest in a decade," said AUO in a press statement. AUO said that in 2017 it continued to implement the value-added and product differentiation strategies. Looking ahead, the company said it "will continue to make optimal investment in high-quality capacity, to accelerate value-transformation, and to reinforce the ability of technology innovation. These strategies will help the company maintain stable profitability in the long-term, and become the lead player in the industry." |
|
| aus der Diskussion: | AU Optronics übernimmt Waferhersteller M.Setek |
| Autor (Datum des Eintrages): | R-BgO (07.02.18 14:35:34) |
| Beitrag: | 54 von 58 (ID:56961302) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |