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Delta Electronics, Inc. Announces 2018-Q2 Financial Results
TAIPEI, Taiwan, July 31st, 2018 – Delta Electronics, Inc. today announced its 2018-Q2 financial results. Its consolidated revenues were NT$57,897 million, net income after tax was NT$3,277 million, and earnings per share were NT$1.26.
Other key items also approved by the Board today are:
1. Acquisition of land in Neihu District, Taipei City, Taiwan, for an estimated total transaction price of NT$1,003,368,450 approximately, to fulfill the Company’s future business development requirements.
2. Construction of the Company’s Tainan Plant Phase III, for an estimated total cost of NT$2.79 billion, to fulfill future business development requirements.
3. The short-form merger with the Company’s 99.98%-owned subsidiary Delta Networks, Inc., to improve the group’s management efficiency and resource integration.
4. The election of the Board’s Compensation Committee members which are the independent directors Mr. George Chao, Mr. Yung-Chin Chen, Mr. Tsong-Pyng Perng and Mr. Ji-Ren Lee.
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