LG loss is expanding again
In the first quarter of this year, LGD turned from profit to loss. In the second quarter, the panel price continued to fall. The loss amount continued to expand. According to the financial report released by LGD, LGD's last quarter revenue was 5.61 trillion won, and the contract was NT$146.627 billion. Decrease by 1%, annual reduction of 15%, operating loss of 228 billion won, discount of NT$6.69 billion, net loss after tax of 310 billion won, and a contract of NT$8,831 million.
AUO's consolidated revenue for the second quarter of this year was 75.05 billion yuan, an increase of 0.8% over the first quarter of the second quarter. The net profit attributable to the parent company in the second quarter was 1.25 billion yuan, and the net profit per share was 0.13 yuan. The cumulative revenue for the first half of this year was consolidated. 14.95 billion yuan, the net profit attributable to the parent company in the first half of the year was 5.56 billion yuan, and the net profit per share was 0.58 yuan.
In the second quarter of 2018, the shipment of large-size panels (3) was approximately 27.98 million units, a decrease of 2.1% from the first quarter. The shipment of small and medium-sized panels in the second quarter was approximately 45.32 million units, a decrease of 2.7% compared with the first quarter. .
AUO pointed out that in reviewing the second quarter, although the TV panel faced greater price pressure, the company actively adjusted its product line and product mix. The single-quarter revenue increased slightly by 0.8% from the previous quarter, and the single-quarter operating profit was 2.10 billion yuan. The net profit attributable to the parent company was NT$1.25 billion, and the relatively stable operating results were maintained. In terms of financial structure, the inventory days were 34 days and the net debt ratio was 5.6%, both of which were at a healthy low water level.
AUO: Q3 stock health
Looking forward to the third quarter, the market inventories have returned to a healthy level. Customers are actively preparing for the peak sales season. The company will also be fully prepared for shipment during the peak season. In the future, AUO will continue to promote value transformation and technology regardless of fluctuations in the industry. Innovation, which in turn enhances overall competitiveness and maintains sound operations.