Delta Electronics 2Q20 gross margin hit file
Ninelu Tu, Taipei; Adam Hwang, DIGITIMES
Power provide maker and vitality administration answer supplier Delta Electronics has reported its second-quarter 2020 gross margin of 32.87% and working revenue margin of 13.11% each hit quarterly data.
The coronavirus pandemic has boosted demand for notebook- and server-use energy provides supporting distant work and research, and demand for industrial automation elements to help manufacturing of masks and ventilators, mentioned firm CEO Cheng Ping.
Power provides and associated elements accounted for 53.54% of second-quarter consolidated revenues of NT$70.694 billion (US$2.40 billion); gadgets for ICT and vitality infrastructure, 31.52%; and gadgets for industrial and constructing automation, 14.88%, Delta mentioned.
Based on orders obtained, consolidated revenues for the third quarter will develop sequentially however enterprise outlook for the fourth quarter is unsure, Cheng famous.
|
Delta Electronics: Financial outcomes, 2Q20 (NT$b) |
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|
2Q20 |
Q/Q |
Y/Y |
1H20 |
Y/Y |
|
|
Consolidated revenues |
70.694 |
26.97% |
(3.65%) |
126.373 |
(0.87%) |
|
Gross margin |
32.87% |
6.39pp |
5.88pp |
30.05% |
3.34pp |
|
Operating revenue |
9.265 |
368.07% |
72.57% |
11.245 |
32.17% |
|
Net revenue |
7.597 |
267.51% |
(20.28%) |
9.665 |
(25.09%) |
|
Net EPS (NT$) |
2.92 |
3.72 |
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Source: Company, compiled by Digitimes, July 2020
