Innolux noticed its internet losss widen to NT$3.7 billion (US$119.57 million) within the first quarter of 2019, from NT$670 million seen 1 / 4 earlier, in line with an organization submitting.
EPS for the primary quarter was unfavorable NT$0.37, in comparison with a lack of NT$0.07 per share 1 / 4 earlier.
Gross margin for the January-March interval stood at 1.5%, down considerably from 6.2% seen within the earlier quarter.
Looking forward, the corporate expects its shipments of large-size panels to edge up 1-3% within the second quarter with their ASPs additionally going up 1-3% through the interval. Shipments of small- to medium-size panels are more likely to keep flat within the second quarter with their ASPs edging up by double-digit charges.
The firm additionally believes that TV panel costs to stay regular within the second half of the 12 months, and panel calls for for monitor, pocket book and small-size purposes to rebound regularly from the second quarter.
Innolux additionally reported revenues of NT$20.856 billion for April, up 1.4% on month and 5.9% on 12 months.
Shipments of large-size panels totaled 10.54 million items in April, up 4.1% on month; whereas these for small- to medium-size fashions had been down 10.6% to 19.99 million items.
Year-to-date revenues amounted to NT$80.78 billion, lowering 6.57% from a 12 months earlier.
