Delta Electronics (Thailand) (DELTA) investor relations material

Executive summary

• Q3'26 revenue growth was led by Power Electronics and data-center energy management demand, supported by cloud-provider investment in AI infrastructure.

• Profit growth was more modest amid higher costs, tax expenses, supply constraints and inventory pressures.

Financial highlights

• Q3'26 consolidated revenue was Baht 75,801 million versus Baht 53,231 million; net profit was Baht 7,757 million versus Baht 7,437 million.

• 9M'26 consolidated revenue was Baht 202,379 million versus Baht 140,482 million; net profit was Baht 22,913 million versus Baht 17,553 million.

• Q3 gross profit was Baht 20,697 million versus Baht 15,083 million; operating profit was Baht 9,192 million versus Baht 8,685 million.

• 9M gross profit was Baht 57,632 million versus Baht 37,124 million; operating profit was Baht 26,880 million versus Baht 20,235 million.

• 9M reported profit included a Baht 3,677 million Pillar Two top-up tax charge, versus Baht 2,421 million in 9M'25; 9M EPS was Baht 1.84 versus Baht 1.41.

Outlook and guidance

• FY'26 outlook remained positive, supported by customer demand, strong order visibility and capacity expansion; priorities included supply-chain resilience, production ramp-up and operational efficiency.

• Inventory pressures were expected to ease gradually in H2; Australia revenue was expected to remain healthy in Q4.