Delta Electronics' Thai Subsidiary Acquires Machinery and Equipment, Investing US$32.5 Million
Delta Electronics announced that its Thai subsidiary invested approximately US$32.5 million to acquire machinery and equipment. This is part of a larger expansion plan totaling about NT$14.18 billion, including factory reconstruction in Taoyuan, new factory construction in Guanyin, and capital injection into its Indian subsidiary.
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ASEAN Financial Special Report (Total 300 articles)
Central News Agency
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(Central News Agency, Taipei, 4th) Delta Electronics today announced on behalf of its subsidiary, Delta Electronics (Thailand) Public Company Limited, the acquisition of machinery and equipment from a non-related party for operational use.
Delta Electronics stated that from May 21, 2025, to May 4, 2026, Delta Electronics (Thailand) (DET) acquired machinery and equipment from Kurtz Ersa Asia Limited, with a cumulative transaction amount of approximately US$32.5 million.
To meet future business development needs, Delta Electronics' board of directors previously approved several expansion investment plans, including the decision to rebuild the Taoyuan Plant 1, with an estimated total project cost of approximately NT$1.8 billion; and to construct the Guanyin Plant through a build-to-suit arrangement, with an estimated total project cost of approximately NT$10.3 billion.
Delta Electronics also indirectly increased capital in its Indian subsidiary, Delta Electronics India (DIN), through its subsidiary Delta Electronics (Thailand) (DET), with an amount of US$66 million (approximately NT$2.08 billion), to fund the construction needs of the subsidiary's factory. The total amount of the above three investment plans is approximately NT$14.18 billion.
Delta Electronics' Q1 revenue was NT$159.352 billion, a decrease of 1.39% quarter-on-quarter, but an increase of 34% year-on-year, reaching the second-highest in history; net profit attributable to the parent company was NT$20.555 billion, an increase of 18.6% quarter-on-quarter, and doubled compared to the same period last year, with earnings per share of NT$7.91 for the single quarter, setting a new historical high for single-quarter profit. 1150504
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Central News Agency
Seize the New Southbound, look to the pulse of the ASEAN economy. The Central News Agency's "Southeast Asia Financial Information Network" selects multiple financial headlines from Thailand, Vietnam, Indonesia, Malaysia, the Philippines, and other countries for you daily. Whether it's new government policies, industry trends, or investment opportunities, it allows you to grasp key information in real-time, understand the market, and seize business opportunities.
(Central News Agency, Taipei, 4th) Delta Electronics today announced on behalf of its subsidiary, Delta Electronics (Thailand) Public Company Limited, the acquisition of machinery and equipment from a non-related party for operational use.
Delta Electronics stated that from May 21, 2025, to May 4, 2026, Delta Electronics (Thailand) (DET) acquired machinery and equipment from Kurtz Ersa Asia Limited, with a cumulative transaction amount of approximately US$32.5 million.
To meet future business development needs, Delta Electronics' board of directors previously approved several expansion investment plans, including the decision to rebuild the Taoyuan Plant 1, with an estimated total project cost of approximately NT$1.8 billion; and to construct the Guanyin Plant through a build-to-suit arrangement, with an estimated total project cost of approximately NT$10.3 billion.
Delta Electronics also indirectly increased capital in its Indian subsidiary, Delta Electronics India (DIN), through its subsidiary Delta Electronics (Thailand) (DET), with an amount of US$66 million (approximately NT$2.08 billion), to fund the construction needs of the subsidiary's factory. The total amount of the above three investment plans is approximately NT$14.18 billion.
Delta Electronics' Q1 revenue was NT$159.352 billion, a decrease of 1.39% quarter-on-quarter, but an increase of 34% year-on-year, reaching the second-highest in history; net profit attributable to the parent company was NT$20.555 billion, an increase of 18.6% quarter-on-quarter, and doubled compared to the same period last year, with earnings per share of NT$7.91 for the single quarter, setting a new historical high for single-quarter profit. 1150504
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
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The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.