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
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.
Looking ahead to the fourth quarter, the Display unit is expected to enter into the slow season, with tepid inventory buildup demand amid macro-economic uncertainties. Nevertheless, revenues from Mobility Solutions and Green Solutions are expected to grow steadily in line with customer needs. The Company will continue to monitor market conditions, optimize product portfolios, rigorously control inventory levels, strengthen expense management, and actively focus more on higher-value products and solutions. These efforts aim to enhance profitability and improve resilience against market fluctuations.
(1) All financial information was prepared by the Company in accordance with Taiwan IFRS. ADLINK Technology Inc. ("ADLINK") convened its annual general meeting of shareholders in late June 2025, during which a full re-election of the Board of Directors was conducted. As a result of the election, AUO secured a majority of the ordinary director seats. Accordingly, effective June 30, 2025, ADLINK has been included in AUO’s consolidated financial statements.
(2) Basic EPS in the third quarter of 2025 was calculated based on the weighted average outstanding shares of the reporting quarter (7,547 million shares).
(3) EBITDA = Operating Profit + D&A, that is, operating profit before depreciation and amortization.