AUO's net loss in 2023 was NT $18.2 billion, with two consecutive years of losses
On January 31, AUO released its financial report for the fourth quarter of 2023, which showed a combined revenue of NT $63.35 billion, a decrease of 9.6% compared to the third quarter of 2023. In the fourth quarter of 2023, the net loss attributable to the parent company was 1.51 billion yuan, with a basic loss of 0.2 yuan per share.
AUO's consolidated revenue for the full year of 2023 was RMB 247.96 billion, an increase of 0.5% compared to 2022. The net loss attributable to the parent company for the whole year was 18.20 billion yuan, with a basic loss per share of 2.37 yuan, and it has been a loss for two consecutive years.
AUO stated that the total shipment area of panels in the fourth quarter of 2023 reached 5.086 million square meters, a decrease of 13.7% compared to the third quarter of 2023 and an increase of 17.7% compared to the same period last year. The total shipment area of panels for the whole year of 2023 reached 20.985 million square meters, an increase of 9.5% compared to 2022.
Looking back at 2023, AUO stated that the overall market is de inventorying, gradually returning to a healthy level, and panel prices are gradually stabilizing. However, terminal demand has not fully recovered yet.
Looking ahead to 2024, AUO stated that the overall global economic environment remains uncertain. AUO will adhere to a cautious and optimistic attitude, continue to closely monitor market changes, and accelerate the development of "dual axis transformation", moving towards the goal of "Youda is not just a panel company by 2025".
AUO stated that the total shipment area of panels in the fourth quarter of 2023 reached 5.086 million square meters, a decrease of 13.7% compared to the third quarter of 2023 and an increase of 17.7% compared to the same period last year. The total shipment area of panels for the whole year of 2023 reached 20.985 million square meters, an increase of 9.5% compared to 2022.
Looking back at 2023, AUO stated that the overall market is de inventorying, gradually returning to a healthy level, and panel prices are gradually stabilizing. However, terminal demand has not fully recovered yet.
Looking ahead to 2024, AUO stated that the overall global economic environment remains uncertain. AUO will adhere to a cautious and optimistic attitude, continue to closely monitor market changes, and accelerate the development of "dual axis transformation", moving towards the goal of "Youda is not just a panel company by 2025".