Delfi Limited (P34.SI) saw its shares plunge 8% in pre-market trading on Wednesday, following the release of its first-half 2025 financial results and dividend declaration. The significant drop suggests that investors were disappointed with the company's performance and outlook.
According to the released figures, Delfi reported a revenue of USD 259.6 million for the first half of 2025. The company's gross margin stood at 27.5%, while its EBITDA margin was reported at 9.4%. Delfi's profit after tax and minority interests (PATMI), including non-recurring items, amounted to $12.2 million. These results appear to have fallen short of market expectations, prompting the sell-off.
Adding to investor concerns, Delfi declared an interim dividend of 1.00 US cents per share. This modest dividend payout might have further disappointed shareholders, potentially indicating that the company is conserving cash in light of challenging business conditions. The combination of underwhelming financial results and a conservative dividend policy seems to have triggered the sharp decline in Delfi's stock price.