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Press Releases
  2011/04/28  
  Delta Electronics Announces 2011 Q1 Financial Results
and the Board of Directors Approves Indirect Investment in Delta Greentech (China)
 
   
   
Taipei, Taiwan, April 28, 2011 – Delta Electronics, Inc. (Delta Electronics or the "Company") today announced Q1 2011 financial results and held a meeting of the Board of Directors, which announced the approval of indirect investment in a mainland Chinese company by subsidiary Delta International Holding Ltd.

Delta Electronics' Q1 2011 financial results, reviewed by CPA, were as follows: The Company's consolidated Q1 2011 sales revenues were NT$40,238,515,000, net income after tax NT$3,114,451,000, and earnings per share NT$1.30.

The Board also approved the following:

The Company's subsidiary Delta International Holding Ltd. (DIH) plans to purchase 100% stakes in Boom Treasure Ltd. and Ace Pillar Holding Co., Ltd., to own the two companies' combined 28.811% equity holding in mainland Chinese company Delta Greentech (China) Co., Ltd. After the transaction, the Company will indirectly own around 84% of Delta Greentech (China) Co., Ltd.
News Source: Investor Services
     
   
 
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