Q1 2023 Delta Electronics Inc Earnings Presentation Transcript

Apr 28, 2023 / 07:00AM GMT
Presentation
Apr 28, 2023 / 07:00AM GMT

=====================
Corporate Participants
=====================
* Rodney Liu
Delta Electronics, Inc. - IR Officer

=====================
Unidentified Company Representative -

Hello everyone. Today is a nice day. So hopefully, we are going to have such nice days in the coming months. So today, again, we will have our IRO to report the financial numbers to you. So please just feel free to ask questions after this session.

Rodney Liu - Delta Electronics, Inc. - IR Officer

(technical difficulty) consolidated numbers have been viewed by CPA. The Q1 revenue was TWD 92.9 billion, representing a 13% year-on-year growth and a 12% sequential decline, which is seasonal. In terms of gross profit, gross profit in Q1 grew by 14% year-on-year and dropped by 14% quarter-on-quarter due to an unfavorable product mix.

GP margin in Q1 dropped to 27.5% versus 28.0% in Q4 but improved from 27.3% a year ago.

In terms of the expenses, Q1 expenses grew by 14% year-on-year and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot