Delta Electronics registers record-high gross margin - News Summed Up

Delta Electronics registers record-high gross margin


Delta Electronics registers record-high gross marginBy Angelica Oung / Staff reporterDelta Electronics Co (台達電), the nation’s leading power and thermal solutions provider, yesterday said that gross margin last quarter hit a record high, as the company benefited from the work from home and remote learning trends. Investor relations officer Rodney Liu (劉致遠) credited the record gross margin of 32.9 percent to Delta’s superior product offerings. That compared with a gross margin of 26.48 percent in the first quarter and 26.99 percent in the same period last year. Delta’s operations are composed of: power electronics, including embedded power supplies, components and thermal management solutions; automation, mainly industrial automation services; and infrastructure, covering information infrastructure, energy infrastructure and industrial solutions. Revenue from power electronics and automation increased 4 percent and 6 percent respectively from a year earlier, while that from infrastructure dropped 18 percent, it said.


Source: Taipei Times July 30, 2020 15:56 UTC



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