Power supply maker and energy management solution provider Delta Electronics has posted gross margin of 27.43% and net profit of NT$5.264 billion (US$176 million) for second-quarter 2014, with both hitting the highest ever on company record.
Of second-quarter consolidated revenues, 60% came from power supplies and components, 19% from energy management devices and smart green life products each, and 2% from others.
Delta is optimistic about business operation in third-quarter 2014 and expects passive components - especially those for new iPhones - power supplies for networking/communication equipment, and industrial automation products to be major sources of growth, company chairman Yancey Hai said.
| Delta Electronics: Financial report, 2Q14 (NT$b) | ||
| Item | 2Q14 | 1H14 |
| Consolidated revenues | 47.616 | 90.652 |
| Gross margin | 27.43% | 27.03% |
| Net operating profit | 5.983 | 11,088 |
| Net profit | 5.264 | 9.833 |
| Net EPS (NT$) | 2.16 | 4.03 |
Source: Company, compiled by Digitimes, July 2014
Article translated by Adam Hwang
