Rising Together with Lessons from the Past and a Vision for Tomorrow.

Sawatee Krub Delta Family, as we near the close of another year, I find it important to reflect on our journey, celebrate our successes, and look ahead to the opportunities before us. Each quarter brings its own set of challenges and milestones, but what remains constant is the strength of our Delta family. Together, we’ve continued to innovate, adapt, and lead in a rapidly changing world.

A Quarter of Remarkable Achievements
The third quarter of 2024 has been an extraordinary chapter for Delta Electronics (Thailand). Thanks to your unwavering dedication, we’ve achieved outstanding growth across key sectors, from datacenters and industrial automation to global expansion in markets like India and Australia. These successes are a testament to the creativity, resilience, and teamwork that define Delta.

Notable highlights include a remarkable 32% year-on-year revenue growth in Thailand’s industrial automation sector and exceptional performance in the datacenter business, driven by surging demand for AI-driven infrastructure. Equally inspiring are the achievements in India, which saw a 54.3% year-on-year revenue increase, and in Australia, where quarter-on-quarter growth soared by 143%. These numbers are more than metrics—they represent the tangible impact of our innovation and the trust we’ve built with customers.

Celebrating Our Collective Recognition
This year has been an extraordinary one for Delta, as we were honored with several prestigious accolades that reflect our shared vision and unwavering dedication to excellence. At the IAA Awards for Listed Companies 2024, Delta received recognition in three major categories within the Technology & Communication industry sector: Outstanding CEO, Outstanding CFO, and Outstanding Investor Relations. These awards are a testament to the commitment and hard work of our entire team, whose efforts drive our success and inspire us to continually strive for innovation, sustainable growth, and strong governance.

It was a deeply humbling experience to accept the 2024 CEO Econmass Award as the Top Senior CEO, presented by Thailand’s Prime Minister, H.E. Ms. Paetongtarn Shinawatra. This recognition is not mine alone—it belongs to everyone at Delta. It reflects the leadership and dedication of our teams, who work tirelessly to uphold our vision of fostering economic resilience and sustainable development in Thailand. I am incredibly grateful for your unwavering support, collaboration, and trust as we navigate the challenges and opportunities of today’s dynamic world.

Our commitment to transparency and accountability was further recognized with the CGR Award, which highlights the values we uphold in every decision we make. These achievements are not just awards—they are a celebration of the collective passion, creativity, and determination of the Delta family. They remind us of the impact we can have when we work

together with purpose and integrity. Thank you for everything you do to make Delta a company we can all be proud of. Together, we will continue to set new standards of excellence.

Shaping the Future Through Collaboration
This year, we also hosted the highly anticipated Delta Future Industry Summit 2024, bringing together leaders and innovators to explore the latest trends and opportunities in AI, datacenters, and sustainability. The summit showcased our commitment to shaping industry conversations and positioning Delta as a thought leader in these critical areas.

Navigating Global Change with Confidence
As we navigate an ever-changing global landscape, Delta continues to lead with innovation and adaptability. Economic recovery, advancements in AI, and the increasing demand for sustainable solutions present us with exciting challenges. By staying focused on strategic investments and operational excellence, we’re poised to turn these challenges into opportunities.

From introducing the HPC350 EV charger in Australia to expanding production capacity in Thailand, our actions are aligning with the evolving needs of customers and markets. These efforts are more than just steps forward—they are the building blocks for Delta’s future.

Looking Ahead to 2025
As we prepare to enter 2025, our vision remains clear: we will continue to invest in cutting-edge research and development, expand into emerging markets, and foster a culture of collaboration and innovation. Together, we will drive bold ideas that deliver sustainable growth and transformative impact.

Equally vital is the shared commitment to excellence that runs through everything we do. Whether it’s through efficient operations, groundbreaking products, or community engagement, our collective dedication ensures that Delta remains a trusted leader in our industry.

Gratitude and Optimism
To everyone at Delta: thank you for your passion, hard work, and belief in our mission. Every milestone we’ve reached this year is a reflection of your efforts. Let’s close out 2024 with pride and momentum, ready to make 2025 a year of even greater achievements.

Together, we’ll rise, innovate, and shape the future.

Yours sincerely,
Mr. Victor Cheng
CEO, Delta Electronics (Thailand) PCL.

About the Author (Editorial Team)

Delta Thailand

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