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GrandTech (TWSE: 6123) reports Feb. 2016 consolidated revenue, NT$316M, YoY growth of 47%

2016-03-08

Issued By：GrandTech Issued On：2016/3/8

Taipei, Taiwan, R.O.C., March 8th , 2016 -- GrandTech (TWSE: 6123) today reported Feb 2016 consolidated revenue of NT$316M on a continuous YoY growth of 47%

Despite Chinese Lunar New Year Holidays in Feb. that shortened the working days, GrandTech continued with the growth momentum, each business group focused its core business and delivered Feb. revenue of NT$316M, 47% YoY growth. The contribution continued driven by Distribution and Enterprise Business Unit in Taiwan and Hong Kong. The total Jan. and Feb. consolidated revenue is NT$771M, 60% YoY strong growth.

For FY2016, despite there will be few expected on-going impacts, such as worldwide economic and political uncertainties, coupled with expected weak domestic market, GrandTech will continue its transformation, focus on expanding current promising business model and territories; and continuous improvement on operation excellence. GrandTech’s philosophy to recruit more entrepreneurs in the region into its “Entrepreneur’s Paradise” will continue to be the key strategy to strengthen its foundation for continuous growth, and maximize its values to all the shareholders.

GrandTech 4th quarter consolidated results： (Unit：NT$ thousands)

ITEM

Consolidated Revenue
January 2016 316,335
January 2015 215,686
YoY
Growth Rate %		 47%

Note: Feb. 2016 Revenue has not been approved by Board of Directors.

 

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