Display profit increased by 19% in AUO Q2 revenue season

The Taiwan Panel Factory Law will be debuted from this week. Among them, AUO will hold a law conference on July 31, and the group creation law will be held on August 8. In the second quarter, panel manufacturers' TV panels and small and medium-sized panels shipped better than expected. Together with the improved product mix, the second quarter profit is expected to report good news.

AUO's first quarter display industry has turned profitable. In the second quarter, the combined revenues returned to the 100 billion yuan mark, reaching 112.335 billion yuan (NTD, the same below), and the quarterly increase of 19.2%. At the same time, the product structure continued to improve, the display The profitability of the industry is expected to increase further. Coupled with the loss of solar energy business, the legal person is expected to turn a profit in the second quarter, and is expected to make a small profit of 5-1 billion yuan.

Inventories' first-quarter net profit after tax was 1.684 billion yuan, ending the loss in the 10th quarter. Innolux cut the pure touch-adhesive business, and its revenue in the second quarter decreased by 4.5% to 117.518 billion yuan. However, because the low-margin business was cut out, the gross profit margin was not expected to rise. In the second quarter, there was a penalty for investing in the investment of Wonderland ADS. The legal person estimated that the net profit after the second quarter of Innolux would be 3 billion yuan.

Huaying, a small-size panel in the transition period, although the operating conditions of the industry improved in the second quarter, but it was still difficult to escape losses in the second quarter because it recognized the exchange loss of 1.823 billion yuan in the acquisition of Lingju shares by Datong.

In the second quarter of the panel factory, the operating performance generally improved, but the demand for large-size panels in June was loose, and the price decline was accelerated. The market expects that the sales performance in the second half of the year may not be strong.

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