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Delta Electronics sees February revenues rise on year

Adam Hwang, DIGITIMES, Taipei
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Power supply maker and energy management solution provider Delta Electronics has reported consolidated revenues of NT$20.344 billion (US$723 million) for February, decreasing 19% sequentially but increasing 33.28% on year.

Power supplies and related components accounted for 59% of the revenues; devices for ICT and energy infrastructure, 27%; and devices for industrial and building automation, 14%, Delta said.

Delta posted consolidated revenues of NT$45.459 billion for January-February, growing 31.41% on year.

Delta has decided to distrbute a cash dividend per share of NT$5.50 for 2020, accounting for 56.07% of the corresponding net EPS of NT$9.81.