Trade Resources Industry Trends Delta Electronics Held a Shareholders Meeting on June 7, 2013

Delta Electronics Held a Shareholders Meeting on June 7, 2013

Taiwan-based green energy firm Delta Electronics held a shareholders meeting on June 7, 2013, during which it decided to deal out 2012 cash dividend of NT$5.3 (US$0.18) per share.

Delta reported 2012 consolidated revenues around NT$171.759 billion with operating gross profit around NT$42.16 billion and consolidated gross margin of 24.55%. Net profit was around NT$16.109 billion.

According to company chairman, Yancey Hai, although PC and notebook market demand has been dwindling in the first half of 2013, new notebooks will be introduced in the third quarter and the business opportunities of Windows 8.1 is also an indicator.

Hai added that peak performance may appear in the third quarter.

DelSolar, the solar subsidiary of Delta, recently completed a merger with Neo Solar Power (NSP), with Delta becoming the biggest shareholder of the merged entity. Delta noted that the key for the solar industry is to increase competitiveness. The industry cannot rely solely on government subsidies and protection.

Source: http://www.digitimes.com/news/a20130610PD205.html
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Delta to Deal out 2012 Cash Dividend of NT$5.3
Topics: Lighting