Taipei, Taiwan, R.O.C., July 20, 2015 --GrandTech (6123) has announced that in Q2, it has a total of 48.301 million before tax net profit, Year-over-year increased 12%, while before tax EPS, at 0.88 NT dollars, has increased 13%.
Due to low season, GrandTech has experienced a slight drop in consolidated revenue; however, compare to Q1, Grandtech has performed impressively in its unaudited financial report. Compared to the first two quarters in 2014, in 2015 the company has grown outstandingly by reaching 22.68% in gross margin percentage. With a new high of 5.14% net profit ratio before tax, GrandTech has proven its success in its transformation strategy; getting rid of the weed from the chaff and concentrating on management has shown crucial impact.
In Q2, digital printing and other newly acquired businesses have contributed majorly to GrandTech’s profit. As the printing digitization has came to be the main trend, and with the Company’s emphasis in digital printing business expansion in both Taiwan and Malaysia, GrandTech has successfully introduced solutions to services such as packaging printing and On Demand Printing into the market, accomplishments are to be awaited in the future. Netcore’s performance has also been boosted by other enterprises’ needs for Networking and information security. Printing and Office Business group has started to accomplish greatly in both Taiwan and Shanghai; in order to achieve long-term growth, there has also been an official office set up in Shenzhen recently. ,
In summary, GrandTech is optimistic about its future developments, and continues reinforcing the four major business groups as four pillars. At the same time, the company aims to take advantage of the company’s Pan Asia cross platform resources, continue to scout for potential enterprises, and to map out its sustainable development for the future.
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