Hsinchu, Taiwan


AUO Corporation ('AUO' or the 'Company') (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$14,601 million and unconsolidated net sales of NT$14,564 million for the month of July 2004.

 

July shipment for large-size TFT-LCD panels, inclusive of panels for desktop monitor, notebook, LCD TV, and other applications, continued to be impacted by customers’ inventory adjustments, increased by a moderate 2.6% from June to 1.57 million. Unit shipment for small- and medium-size panels reached 3.06 million in July on seasonal strength, rising 12.4% on a month-over-month basis.

 

Consolidated revenues for the month declined 8.0% M-o-M, but grew 69.7% Y-o-Y, while unconsolidated net sales decreased 8.2% M-o-M and increased 82.5% Y-o-Y, respectively.

 

 

Sales Report:

 

(Unit:NT$ million)

Net Sales(1)(2)(4)

Consolidated(3)

Unconsolidated

July 2004

14,601

14,564

June 2004

15,867

15,865

M-o-M Growth

-8.0%

-8.2%

July 2003

8,604

7,980

Y-o-Y Growth

69.7%

82.5%

Year-to-Date

104,462

101,444

1H2003

42,110

39,191

Y-o-Y Growth

106.0%

115.1%

 

 

(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 (Lauban) Corporation, and AU Optronics (Suzhou) Corporation.
(4):Numbers modified to reflect the adjustments made by auditors for 1H 2003 Consolidated Financial Statements and to reflect foreign exchange translation adjustments.