Hsinchu, Taiwan


AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$15,871 million and unconsolidated net sales of NT$15,865 million for the month of June 2004.

 

June shipment for large-size TFT-LCD panels, inclusive of panels for desktop monitor, notebook, LCD TV, and other applications, experienced a seasonal decline in PC applications, down 5.7% sequentially to 1.53 million. Unit shipment for small- and medium-size panels in June 2004 continued to improve, up 12.2% from May 2004 to 2.72 million units.

 

Consolidated revenues for the month decrease 4.7% M-o-M, but increased 94.3% Y-o-Y, while unconsolidated net sales decreased 4.6% M-o-M and increased 109.1% Y-o-Y, respectively. Consolidated revenues reached quarterly record of NT$48,534 million in second quarter 2004, up 103.6% Y-o-Y. For the first half of 2004, consolidated revenues totaled NT$89,865 million, a 113.4% increase over the same period in 2003.

 

 

Sales Report:

 

(Unit:NT$ million)

Net Sales

Consolidated(1)(2)(3)

Unconsolidated

June 2004

15,871

15,865

May 2004

16,656

16,631

M-o-M Growth

-4.7%

-4.6%

June 2003(4)

8,168

7,587

Y-o-Y Growth

94.3%

109.1%

1H2004

89,865

86,880

1H2003

42,110

39,191

Y-o-Y Growth

113.4%

121.7%

 

 

(1):All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2):Year 2004 figures are unaudited, prepared by AUO Corporation.
(3):Including AUO Corporation ("AUT"), AU Optronics (Lauban) Corporation ("AUL"), and AU Optronics (Suzhou) Corporation ("AUS").
(4):Numbers changed to reflect the adjustments made by auditors for 1H 2003 Audited Consolidated Financial Statements.