Stock Track | Delfi Plummets 3.30% Intraday on Compressed Margins from High Cocoa Price Contracts

Stock Track

Jun 10

Delfi's stock plummeted 3.30% during intraday trading on Wednesday, reflecting investor concerns over the company's current financial performance.

The Singapore-listed confectionery maker's first-quarter gross margin has narrowed due to its forward-purchasing strategy, which means it is still absorbing contracts executed when cocoa prices peaked in 2024-2025. This has created significant headwinds for the company's profitability in the near term.

Analysts note that the compressed margin reflects these specific cost pressures rather than any decline in Delfi's underlying competitiveness. While the Indonesian rupiah's current weakness is also a factor, it is milder than in 2025. UOB Kay Hian analysts retain a buy rating on the stock with a S$1.68 target price, expecting the gross margin to recover in the second half of the year as these headwinds ease.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/1119633968"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1119633968\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1119633968?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-10 13:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1119633968","market":"us","top_or_hot":-1,"title":"Stock Track | Delfi Plummets 3.30% Intraday on Compressed Margins from High Cocoa Price Contracts","media":"Stock Track","content":"<p>Delfi's stock plummeted 3.30% during intraday trading on Wednesday, reflecting investor concerns over the company's current financial performance.</p><p>The Singapore-listed confectionery maker's first-quarter gross margin has narrowed due to its forward-purchasing strategy, which means it is still absorbing contracts executed when cocoa prices peaked in 2024-2025. This has created significant headwinds for the company's profitability in the near term.</p><p>Analysts note that the compressed margin reflects these specific cost pressures rather than any decline in Delfi's underlying competitiveness. While the Indonesian rupiah's current weakness is also a factor, it is milder than in 2025. UOB Kay Hian analysts retain a buy rating on the stock with a S$1.68 target price, expecting the gross margin to recover in the second half of the year as these headwinds ease.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Delfi Plummets 3.30% Intraday on Compressed Margins from High Cocoa Price Contracts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Delfi Plummets 3.30% Intraday on Compressed Margins from High Cocoa Price Contracts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-06-10 13:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Delfi's stock plummeted 3.30% during intraday trading on Wednesday, reflecting investor concerns over the company's current financial performance.</p><p>The Singapore-listed confectionery maker's first-quarter gross margin has narrowed due to its forward-purchasing strategy, which means it is still absorbing contracts executed when cocoa prices peaked in 2024-2025. This has created significant headwinds for the company's profitability in the near term.</p><p>Analysts note that the compressed margin reflects these specific cost pressures rather than any decline in Delfi's underlying competitiveness. While the Indonesian rupiah's current weakness is also a factor, it is milder than in 2025. UOB Kay Hian analysts retain a buy rating on the stock with a S$1.68 target price, expecting the gross margin to recover in the second half of the year as these headwinds ease.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"P34.SI","symbol_name":"DELFI LIMITED","start_time":0,"source_url":"","article_id":"1119633968","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1119633968","pubTimestamp":1781069203,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Delfi's stock plummeted 3.30% during intraday trading on Wednesday, reflecting investor concerns over the company's current financial performance.The Singapore-listed confectionery maker's...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"P34.SI":"DELFI LIMITED"},"translate_title":"个股追踪|德尔菲盘中暴跌3.30%因可可高价合约利润被压缩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"P34.SI":1},"content_text":"Delfi's stock plummeted 3.30% during intraday trading on Wednesday, reflecting investor concerns over the company's current financial performance.The Singapore-listed confectionery maker's first-quarter gross margin has narrowed due to its forward-purchasing strategy, which means it is still absorbing contracts executed when cocoa prices peaked in 2024-2025. This has created significant headwinds for the company's profitability in the near term.Analysts note that the compressed margin reflects these specific cost pressures rather than any decline in Delfi's underlying competitiveness. While the Indonesian rupiah's current weakness is also a factor, it is milder than in 2025. UOB Kay Hian analysts retain a buy rating on the stock with a S$1.68 target price, expecting the gross margin to recover in the second half of the year as these headwinds ease.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}