Reported 8 months ago
On June 25, 2024, at 4:10 PM, Delta Electronics (2308) set a new historic high intraday stock price at 391.5 yuan, although it closed at 387 yuan, up by 2.78%, failing to maintain its earlier record. The market value surpassed a trillion yuan mark, achieving the best performance since the new chairman, Zheng Ping, took office. In addition to technical advantages, the recent support from institutional investors has been crucial to the upward trend in stock prices, with all three institutional investors buying 1,383 shares on the same day. Benefiting from the growth in passive components and server power supply shipments, Delta Electronics recorded a revenue of 35.078 billion yuan in May, reaching a high point in nearly 8 months and setting a new high for the same period in history, with a monthly increase of 4.6% and an annual increase of 2.6%. The accumulated revenue for the first five months of the year reached 1599.13 billion yuan, representing a 0.8% annual increase.
Source: YAHOO