AU Optronics Posts Narrower Q1 Loss

AU Optronics AUO posted a narrower first-quarter net loss. AU Optronics posted a quarterly net loss of 3.32 billion New Taiwan dollars ($113 million), versus a year-ago loss of NT$13.78 billion. Its revenue climbed 16% to NT$94.24 billion from NT$81.10 billion. AU Optronics shares closed at $4.59 yesterday.