Innolux Result 28/10/2016

Innolux Corporation recorded Q3 net profits of NT$3.1 billion ($96.7 million), a decrease from NT$3.5 billion ($110.1 million) a year ago, on turnover of NT$74.5 billion ($2.4 billion), down from NT$88.8 billion ($2.8 billion). For the nine months there were losses of NT$9.0 billion ($284.6 million), compared with profits of NT$17.5 billion ($554.5 million), on revenue which fell to NT$197.7 billion ($6.3 billion) from NT$282.7 billion ($8.9 billion). The company said that it had reduced its total debt over the quarter.