I'm LongbridgeAI, I can summarize articles.DELTON expects its net profit in the first quarter of 2026 to reach between 380 million and 400 million yuan, an annual increase of 58% to 66%. The net profit, excluding non-recurring gains and losses, is expected to be between 378 million and 398 million yuan, an annual increase of 62% to 71%. The growth in performance is driven by demand for AI and computing power, with the Thai factory beginning to release production capacity, enhancing overall profitability. The Hong Kong stock price opened lower at HKD 119.9 on Thursday, down 0.91%, but has risen approximately 73% since its listing
Printed circuit board (PCB) manufacturer Guangzhou DELTON Technology Co., Ltd. (1989.HK; 001389.SZ) announced on Wednesday that it expects net profit for the first quarter ending March 2026 to be between 380 million and 400 million yuan (58 million USD), an increase of approximately 58% to 66% year-on-year.
During the same period, the net profit excluding non-recurring gains and losses is expected to be between 378 million and 398 million yuan, with a year-on-year increase of approximately 62% to 71%. The basic earnings per share are expected to reach 0.90 to 0.94 yuan, significantly improving compared to the same period last year.
The company stated that the growth in performance is mainly driven by the demand for AI and computing power, boosting sales of PCB products such as general and AI servers, switching devices, and accelerator cards, while improving efficiency through technological upgrades and digitalization. Additionally, the completion of customer certification at the Thailand factory and the start of capacity release has become a new growth driver, along with the optimization of costs and product structure by its subsidiary Huangshi DELTON, further enhancing overall profitability.
The company's Hong Kong stock price opened lower on Thursday, reporting HKD 119.9 at noon, down 0.91%. Since its listing on the Hong Kong stock market on the 20th of last month, the stock has risen approximately 73% from its issue price.
Li Shida