AUO Result 29/01/2015

AU Optronics Corp. (AUO) reported a six year high net profit of NT$18 billion ($570.1 million) in 2014, on turnover of NT$408.2 billion ($12.9 billion), down just 2% year on year. In the final quarter of the year AUO posted a net profit of NT$6.6 billion ($209 million), which was a more than sixfold improvement on the previous year’s Q4 net profit of NT$1.1 billion ($34.8 million), while turnover for the quarter at NT$105.4 billion ($3.3 billion) was 2.7% higher YoY. 

AUO’s large panel shipments in Q4 exceeded 29.4 million units, down slightly by 0.3% from Q3, while small and medium panel shipments decreased 11.4% quarter on quarter to 42.7 million units. For the year, the company shipped 116.9 million large panels, broadly flat from the previous year, though small and medium panel shipments were 11.9% higher, reaching around 170.7 million units.