Delta Electronics Reports Nearly NT$10 EPS in Q2, H1 EPS of NT$17.59 Sets New Record

Delta Electronics (2308-TW) announced its second-quarter financial results today (29th), reporting a post-tax net profit of NT$25.14 billion, representing a 22.28% increase quarter-on-quarter and an 80.21% increase year-on-year. Earnings per share (EPS) reached NT$9.68, setting a new single-quarter record. For the first half of the year, post-tax net profit totaled NT$45.69 billion, up 88.97% year-on-year, with EPS at NT$17.59, also a historical high.

Delta's Q2 revenue reached NT$183.26 billion, up 15% quarter-on-quarter and 47.75% year-on-year. Gross margin was 35.64%, down 1.36 percentage points from the previous quarter but up 0.12 percentage points year-on-year. Operating profit was NT$30.57 billion, up 7.58% quarter-on-quarter and 63.75% year-on-year, with an operating margin of 16.68%, down 1.15 percentage points from the previous quarter but up 1.63 percentage points year-on-year. Net profit margin was 13.72%, up 0.82 percentage points from the previous quarter and 2.47 percentage points year-on-year.

For the first half of the year, revenue totaled NT$342.61 billion, up 41.02% year-on-year. Gross margin was 36.27%, up 2.59 percentage points year-on-year. Operating profit reached NT$58.99 billion, up 80.36% year-on-year, with an operating margin of 17.22%, up 3.76 percentage points year-on-year. Net profit margin was 13.34%, up 3.38 percentage points year-on-year.

Delta's strong Q2 performance continues to benefit from robust demand for AI-related power and thermal solutions, driving overall results. Although rising material costs led to lower gross and operating margins compared to the previous quarter, both remained above the same period last year, supporting record-high profitability. Delta will hold its earnings call tomorrow (30th), with the market closely watching whether AI demand will continue and the company's outlook for the second half of the year.