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[posting]59591507[/posting]AUO reports net profit of NT$10.16 billion for 2018
Rodney Chan, DIGITIMES, Taipei Tuesday 29 January 2019

AU Optronics (AUO) has revealed its consolidated revenues for 2018 came to NT$307.63 billion (US$9.98 billion), a decrease of 9.8% on year. Net profit reached NT$10.16 billion, with a basic EPS of NT$1.06.

For fourth-quarter 2018, consoldiated revenues arrived at NT$77.09 billion, down by 4.9% sequentially, said the panel maker. AUO's net profit for the fourth quarter was NT$0.28 billion, with a basic EPS of NT$0.03.

For the full year of 2018, large-sized (10-inch and above) panel shipments exceeded 114.79 million units, an increase of 2.7% from the previous year. Small- to medium-sized panel shipments totaled 166.6 million units, down by 1.3% year-over-year, according to AUO.

Its fourth-quarter 2018 large-sized panel shipments exceeded 28.45 million units, down by 4.5% quarter-over-quarter. Shipments of small- to medium-sized panels in the same quarter reached around 32.15 million units, down by 24.5% sequentially.

AUO disclosed operating profit of NT$6.67 billion for 2018, with gross margin of 9.1%, and operating margin of 2.2%. Operating margin for the Display Segment was 2.7% in 2018, the panel maker said.

For the fourth quarter of 2018, the company recorded operating loss of NT$1.45 billion with gross margin of 5.3% and operating margin of negative 1.9%. Operating margin for Display Segment was negative 1.7% for the quarter.

As new capacity added to the market in the fourth quarter, AUO said industry supply and demand balance became looser. As a result, panel prices were on the decline, and net profit amounted to only NT$0.28 billion in the fourth quarter.

But AUO said that with consistent focus on the value transformation strategy it was still able to maintain a good level of profitability in 2018. It said its financial structure was also maintained at a stable and healthy status.

AUO said as new capacity continues to ramp up, oversupply may become a display industry normal in the next few years.

Furthermore, there could be uncertainties coming from both global economy and international trade situations. Facing the challenging business environment, AUO said it will insist on its core strategy, focusing on sustaining financial health, value enhancement and continuous innovation.
 
aus der Diskussion: AU Optronics übernimmt Waferhersteller M.Setek
Autor (Datum des Eintrages): R-BgO  (29.01.19 10:54:59)
Beitrag: 58 von 58 (ID:59734326)
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