Delta Electronics Posts Record Quarterly Profit on Strong AI Server Demand
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- Delta Electronics reported strong Q2 financial results, driven by AI server power supply and liquid cooling solutions.
- The company achieved record-high gross and operating profit margins for the period, alongside record net profit and EPS.
- Delta Electronics' first-half performance also showed significant year-over-year growth in revenue and profit.
Delta Electronics, a leading power supply manufacturer, announced robust financial results for the second quarter, fueled by strong shipments of its AI server power supply and liquid cooling solutions. The company's performance highlights its effective supply chain management.
In the second quarter, Delta Electronics generated NT$183.26 billion in revenue, marking a 14.93% increase from the previous quarter and a substantial 47.7% rise year-over-year. The company's gross profit margin reached 35.64%, and its operating profit margin was 16.68%. These figures represent the highest for the period in the company's history.
Net profit attributable to the parent company owner surged by 80.2% year-over-year to NT$25.14 billion, translating to an earnings per share (EPS) of NT$9.68, an 80.3% increase. For the first half of the year, revenue climbed 41.0% to NT$342.61 billion, with net profit up 89.0% to NT$45.69 billion and EPS at NT$17.59, up 88.9%.
Delta Electronics is scheduled to hold an investor conference call tomorrow, where management will provide its outlook for the third quarter. The company's strong performance underscores the growing demand for advanced components in the AI sector.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.