Movement Alert|Delton Technology Rises 5.04% in Regular Trading, H1 Earnings Forecast Exceeds 85% Growth Boosting Market Confidence

Market Focus
Jul 08

On July 8, Delton Technology rose 5.04% in regular trading, trading at 149.3 HKD/share, with turnover of approximately 30.2 million HKD.

On the news front, the company released its H1 earnings forecast on July 7 evening, projecting net profit attributable to shareholders of RMB 9.1–9.6 billion, representing year-over-year growth of 85.12%–95.29%. Non-recurring items adjusted net profit is estimated at RMB 8.9–9.4 billion, up 86.37%–96.84% YoY. Basic EPS is expected at RMB 2.15–2.27 versus RMB 1.16 in the prior year period.

The company attributed the strong performance to surging demand for computing hardware, technology-driven product mix optimization, and its Thailand facility becoming a second growth engine as key client certifications and capacity utilization ramped up. The robust forecast effectively alleviates concerns that had weighed on shares following reports that Samsung and SK Hynix were demanding substrate price reductions in H2, which previously triggered a sector-wide selloff with Delton plunging over 21% on July 2.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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