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Innolux Result 11/02/2015

Innolux Corporation posted a net profit in Q4 of NT$11.2 billion ($355.7 million) on turnover of NT$114.9 billion ($3.6 billion), which compares with a net loss in Q4 of the previous year of NT$1.3 billion ($41.2 million) on turnover of NT$97.2 billion ($3 billion). For the year, Innolux recorded a net profit of NT$21.6 billion ($686.3 million) on turnover of NT$428.6 billion ($15.3 billion), which compares with a net profit in the previous year of NT$5.1 billion ($162 million) on turnover of NT$422.7 billion ($13.4 billion).

The company shipped 30.68 million square meters of panel in 2014, an increase of 15.2% over 26.63 million square meters in 2013. For the full year 2014, the company shipped 320.2 million small-and-medium-sized units, a 25% decrease over the 426.9 million units shipped in 2013.In Q4, Innolux shipped 8 million square meters of panel, a decrease of 2.8% over the previous quarter and 77.5 million small and medium-sized units.