Delta profits down on prices, shortages
Power unit supplier Delta Electronics Inc’s (台達電) profits fell to its lowest levels in about six quarters in the three-month period to Sept. 30, attributable to high component prices and a production slowdown on key parts shortages. Net profits dropped 24 percent year-on-year to NT$6.37 billion (US$228.97 million) last quarter compared with NT$8.39 billion in the third quarter last year, a quarterly decline of 16 percent from NT$7.59 billion. That translated into earnings per share (EPS) of NT$2.45 last quarter, down from NT$3.23 in the third quarter last year, and from NT$2.92 in the ...
Source: taipeitimes.com