Thailand · Delayed Price · Currency is THB Delta Electronics (Thailand) PCL Earnings Call Transcripts
Fiscal Year 2026
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Q2 2026 saw 50.7% YoY revenue growth and strong AI/data center demand, but net profit fell 35% QoQ due to raw material shortages and margin pressure. Outlook remains positive with double-digit growth targeted, though supply chain and cost risks persist.
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Q1 2026 saw record revenue and profit, driven by strong AI and data center demand, with double-digit growth expected to continue. Significant investments in capacity and new facilities are underway, while geopolitical and cost pressures remain key risks.
Fiscal Year 2025
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Revenue grew 30.9% to $6.025B and net profit rose 42.4% to $754M in 2025, driven by AI and data center demand. Double-digit growth is expected for 2026, with $550M CAPEX planned for new factories and automation.
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Q3 2025 saw record revenue and profit, driven by strong demand in power electronics and data centers, with robust growth across key regions and segments. Outlook remains positive with double-digit growth targeted for 2026 and continued investment in capacity.
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Q2 2025 saw 18.2% revenue growth year-over-year, led by AI and data center demand, but net profit fell 22% due to FX and tax impacts. Double-digit growth is targeted for 2025, with major investments in new factories and continued resilience despite tariff uncertainties.
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Q1 2025 saw 18% revenue and 34% net profit growth year-over-year, led by power electronics and AI-related products. Outlook for Q2 remains strong, but future growth depends on US tariff policy and global economic conditions. CapEx for 2025 is set at $300 million.
Fiscal Year 2024
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2024 revenue grew 12% year-over-year to $4.6B, with net profit up 1% to $529M. Data center and AI-related solutions drove nearly 40% of revenue, while Q4 saw short-term softness. 2025 outlook remains positive, led by AI, data center, and stable EV demand.
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Q3 2024 saw strong revenue and profit growth, led by data center and automation segments, while EV sales remained soft. Double-digit full-year growth is targeted, supported by ongoing automation investments and new manufacturing facilities.
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Q2 2024 delivered record revenue and profit growth, driven by AI, Data Center, and EV segments, with strong margins and robust performance across key regions. Outlook remains positive for H2 2024, though global uncertainties persist.