Innolux Corporation Announces Unaudited Consolidated Revenue and Operating Results for the Month, Fourth Quarter and Full Year Ended December 2017
In the fourth quarter 2017, INX reported unaudited consolidated revenues of TWD 79.1 billion, a decrease of 11.5% year on year and a decrease of 0.5% quarter on quarter respectively. The fourth quarter's large-sized shipments were 30.52 million units, an increase of 2.8% over 29.69 million units shipped in the previous quarter. Shipments for small-and-medium-sized were 73.7 million units, a 3.1% decrease over the 76.06 million units shipped in the previous quarter.
For the full year 2017, INX reported consolidated revenues of TWD 329.2 billion, a 14.7% increase over TWD 287.1 billion in 2016. Shipments of large-sized units reached 116.19 million, a 5% increase over the 110.69 million units shipped in 2016; and 270.78 million for small-and-medium-sized units, a 20.4% increase over the 224.88 million units shipped in 2016.