AU Optronics Q3 Profit Rises

(RTTNews) - AU Optronics Corp. (AUO) reported that its net profit for the third quarter returned to positive and reached NT$4.62 billion, increased by 36.6% from the same period last year.

AUO's operating profit for the third quarter reached NT$5.76 billion, which represents a 69.7% growth from the same period last year.

Consolidated revenues in the third quarter of 2016 were NT$86.02 billion, up by 7.4% from the previous quarter.

In the third quarter of 2016, large-sized panel shipments totaled 29.27 million units, representing an increase of 2.8% quarter-over-quarter. Shipments of small-and-medium-sized panels in the same quarter exceeded 37.97 million units, down by 10.6% quarter-over-quarter.