Chimei Innolux Posts Narrower Q1 Loss

Chimei Innolux Corp posted a narrower first-quarter net loss on Monday. Chimei Innolux posted a net loss of NT$12.77 billion, versus a year-ago net loss of NT$13.80 billion. However, analysts were expecting a loss of NT$14.95 billion. Chimei Innolux's revenue declined 12% to NT$109.27 billion from NT$124.33 billion.