Innolux Result 07/05/2015

Innolux Corporation recorded a first quarter net profit of NT$8.6 billion ($279.3 million) on turnover of NT$100.2 billion ($3.2 billion), which compares with a net profit of NT$153 million ($4.9 million) on turnover of NT$89.5 billion ($2.9 billion) in Q1 of last year. The company shipped 7 million square metres of panel in the first three months of the year, down 12.8% from the previous quarter, of which shipments of small and medium panels reached 62 million units.

By application, small and medium, mobile PC and tablet, desktop monitor and LCD TV panels accounted for 18%, 15%, 12% and 54% respectively of the company’s turnover.

In terms of product size, 10″ and below, 10″- 20″, 20″- 30″, 30″- 40″, 40″ and above panels accounted for 19%, 19%, 21%, 2% and 39% of Innolux’s net sales, respectively.