On 15th November 2022, Delfi has provided a brief operational update for 3Q2022. Delfi currently makes up 3.65% of my stock portfolio. If you want to know why I bought Delfi, you can read up my analysis of Delfi. Over the years, Delfi had been growing their sales and there was strong demand for their products, especially in the premium format category. How has Delfi performed in 3Q2022? Let us find out more below.

Delfi 3Q2022 Financial Information

Revenue for 3Q2022 was 28.7% higher year on year at US$112.0 million. As you can see from the table below, the growth achieved in 3Q 2022 reflects very strong Y-o-Y growth in revenue for both Indonesia at 31.9%, and Regional Markets at 23.9%, with revenue figures of US$70.0 million and US$42.0 million, respectively.

	3Q2022 (US$’mil)	3Q2021 (US$’mil)	Change
Revenue	112.0	87.0	28.7%
– Indonesia	70.0	53.1	31.9%
– Regional markets	42.0	33.9	23.9%
Gross Profit Margin	29.7%	27.0%	270 bps
EBITDA	13.7	6.4	116.0%

Higher sales growth, combined with...