Consolidated revenues in the fourth quarter of 2015 were NT$83.44 billion, down 6.6% from the previous quarter. Gross profit was NT$4.49 billion, with gross margin of 5.4%. Operating loss was NT$1.17 billion, with the operating margin of -1.4%. AUO’s net loss for the fourth quarter of 2015 was NT$8.24 billion. Net loss attributable to owners of the Company was NT$8.18 billion, with a basic EPS(2) of -NT$0.85.

For the fiscal year of 2015, unaudited consolidated revenues totaled NT$360.35 billion, a decrease of 11.7% year-over-year. Net profit was NT$4.84 billion, with a basic EPS of NT$0.51.

In the fourth quarter of 2015, large-sized panel shipments reached around 27.61 million units, increased by 4.8% quarter-over-quarter. Shipments of small-and-medium-sized panels in the same quarter exceeded 33.41 million units, down by 31.4% quarter-over-quarter.

For the full year of 2015, large-sized panel shipments exceeded 105.65 million units, a decrease of 9.6% from the previous year. Small and medium-sized panel shipments totaled around 172.81 million units, up by 1.2% year-over-year.

Looking back to the fourth quarter, the Company's loss came mainly from non-operating items. Among which, M.Setek, a subsidiary of AUO, conducted a one-time impairment of all of its plants and equipments associated with polysilicon production and recognized associated asset impairment charge of around NT$6.75 billion.

For the core operations, as the fourth quarter was the traditional slow season, AUO’s revenue decreased by 6.6% from the previous quarter, and operating loss came in at NT$1.17 billion. Nevertheless, in terms of the full year of 2015, AUO tackled the challenges posed by macroeconomic uncertainties and was able to perform quite well by progressing firmly and steadily.

AUO's operating and EBITDA margins for the year of 2015 remained at 4.9% and 18.1%, respectively. Furthermore, the Company's interest-bearing debt level has been significantly decreased by NT$33.45 billion in 2015. As of the end of the fourth quarter, the Company's net debt to equity ratio was lowered to 14.8%, again the lowest since 2009.