AUO Corporation ("AUO" or the "Company") (TWSE: 2409) today held its investor conference and announced its consolidated financial results for the third quarter of 2025(1).
Consolidated revenues in the third quarter of 2025 were NT$69.91 billion, up by 1.0% quarter-over-quarter and down by 10.1% year-over-year. AUO’s net loss attributable to owners of the Company for the third quarter of 2025 was NT$1.28 billion, with a basic EPS(2) of -NT$0.17.
Highlights of consolidated results for the third quarter of 2025
- Revenues of NT$69.91 billion
- Operating loss of NT$1.81 billion
- Net loss attributable to owners of the Company at NT$1.28 billion
- Basic EPS(2) was -NT$0.17
- Gross margin was 9.6%
- Operating margin was -2.6%
- EBITDA(3) margin was 7.8%
Looking back to the third quarter, AUO’s overall revenue increased by 1% quarter-over-quarter. The Display unit was affected by the NT dollar's appreciation against the US dollar and the decline in panel prices, resulting in a lukewarm higher season and revenue remained roughly the same compared to the previous quarter. Mobility Solutions saw a revenue decrease of approximately 3%, primarily due to the NT dollar's appreciation. Vertical Solutions experienced a significant revenue increase of 20% this quarter following its consolidation of ADLINK Technology Inc. In terms of profitability, unfavorable foreign exchange rates and lower panel prices has led to a net loss this quarter. However, accumulated net profit attributable to the parent company for the first three quarters of 2025 reached NT$4 billion, with an EPS of NT$0.52, showing substantial improvement compared to the same period of 2024. Inventory days stood at 52 days and net debt ratio was 39.1%, which were similar to the previous quarter and both remained at relatively healthy levels.