IT Home reported on October 27 that according to Juheng.com, the panel manufacturer Youda held a legal meeting on October 26 and announced its third-quarter financial report.
data shows that AUO's third-quarter revenue was 49.732 billion NT$ (about 11.19 billion yuan), decreased by 20.91% month-on-month , and decreased by 49.79% year-on-year , with a gross profit margin of -14.61%, turning negative from the previous quarter and the same period last year, and the profit rate also expanded to -27.58% compared with the previous quarter; lost NT$10.426 billion NT$ (about 2.346 billion yuan), which also expanded from the previous quarter.
In the first three quarters of this year, AUA's cumulative revenue was NT$194.144 billion (about RMB 43.682 billion), a year-on-year decrease of 30.1% , gross profit margin was 3.17%, a year-on-year decrease of 23.18 percentage points, a profit rate of - 6.73%, and a loss of NT$10.893 billion, both of which turned losses compared with the same period last year. In terms of shipment of
, AUO's total panel shipment area in the third quarter reached 3.876 million square meters, a decrease of 21.2% month-on-month and a decrease of 39.9% year-on-year, an increase of than expected.
IT Home learned that AUO said that the overall channel inventory level in the third quarter was relatively high, and factors such as global inflation and interest rate hikes had an exclusion effect on terminal consumption demand, the panel volume and price decreased, and the loss in the single quarter further expanded; looking forward to this quarter, expected that the market will still need some time to adjust before returning to the relatively normal supply and demand situation .
In addition, AUO emphasized that in the face of the downward trend in the industry, the company will continue to strictly control inventory through sound financial and operational management, and promote a dual-axis transformation strategy to strengthen the company's business resilience in pursuit of long-term and stable operational results.
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