Delta Electronics Inc

2308: XTAI (TWN)
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Delta Electronics Earnings: Gains in Data Center Market Offset by Lukewarm Electric Vehicle Outlook

Delta Electronics' fourth quarter of 2024 revenue was up 2% from the prior quarter to TWD 114 billion. Gross and operating margins fell more than 400 basis points sequentially to 30.8% and 9.4%, respectively, due to lower utilization in electric vehicle factories and goodwill impairments.

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