Stock Track | DELTON Soars 14.81% Intraday on Strong Q1 Earnings Forecast and AI Server Business Growth

Stock Track04-24 09:35

DELTON's stock price soared 14.81% during intraday trading on Friday, reflecting strong investor interest in the company.

The significant price movement follows the company's disclosure of its Q1 earnings forecast, which projects net profit attributable to shareholders of RMB 3.8 billion to 4.0 billion, representing a year-over-year increase of approximately 58% to 66%. This strong earnings growth is primarily driven by the company's computing power-related business, which now accounts for over 70% of total revenue.

Notably, the gross margin of AI server products exceeds that of general-purpose products by approximately 6 percentage points, indicating a favorable shift in product mix toward higher-margin segments that is contributing to the company's improved financial performance.

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