Hsinchu, Taiwan


AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced preliminary consolidated net sales of NT$12,925 million and unconsolidated net sales of NT$12,909 million for the month of September 2004.

 

Unit shipments of large-sized panels for applications such as desktop monitor, notebook, and LCD TV, rose24.5% sequentially to 1.59 million in September. Shipments of small- and medium-sized panels set another record month, supported by peak season strength, to reach 4.44million in September, a 25.7% growth over August.

 

Unaudited consolidated revenues for the month of September increased 15.2% M-o-M and 23.2% Y-o-Y, while unconsolidated net sales increased 15.4% M-o-M and 32.2% Y-o-Y, respectively. Year-to-date consolidated revenues reached NT$128.6 billion, representing an increase of 82.5% from the previous year.

 

Due to the weaker-than-expected market environment and substantial panel price correction during third quarter 2004, consolidated revenues for this period declined 20.2% Q-o-Q to NT$38,749 million, but increased 36.6% Y-o-Y, while unit shipment of large-sized panels totaled 4.45 million, down 5.9% from second quarter 2004. On the other hand, shipments of small- and medium-sized panels broke the 10 million mark in the third quarter 2004 to reach 11.03 million, increased 50.3% Q-o-Q and 44.3% Y-o-Y.

 

 

Sales Report：

 

(Unit：NT$ million)

Net Sales(1)(2)(4)

Consolidated(3)

Unconsolidated

September 2004

12,925

12,909

August 2004

11,223

11,185
M-o-M Growth

15.2%

15.4%
September 2003

10,494

9,761
Y-o-Y Growth

23.2%

32.2%
Year-to-Date 2004

128,610

125,538
Y-o-Y Growth

82.5%

91.6%

 

 

(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)：Consolidated numbers include AUO Corporation, AU Optronics (L) Corporation, and AU Optronics (Suzhou) Corporation.

(4)：Numbers modified to reflect the adjustments made by auditors on First Nine Months 2004 Financial Statements and to reflect foreign exchange translation adjustments.