Qisda has reported a net loss of NT$350 million (US$11.62 million) or NT$0.17 per share for the third quarter of 2011. For the January-September period, net losses amounted to NT$1.4 billion or NT$0.71 per share.

Investment losses, including those incurred from investment in parent company AU Optronics (AUO), contributed to the heavy losses for the third quarter as well as for the first three quarters of the year, Qisda explained.

Consolidated revenues amounted to NT$63.03 billion in the January-September period with an operating income of NT$580 million, the company noted.

Shipments of LCD monitors totaled 4.01 million units in the third quarter, accounting for 69% of total revenues for the quarter. However, monitor shipments may decline by 10% sequentially in the fourth quarter due to slow growth in the global monitor market, revealed the company.

Shipments of projectors slid 39% on quarter to 190,000 units in the July-September period, the company indicated.

Source:digitimes