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GrandTech (TWSE: 6123) reports March 2016 consolidated revenue, NT$456M, YoY growth of 90% also as a historical high

Issued By:GrandTech Issued On:2016/4/11

Taipei, Taiwan, R.O.C., April 14th, 2016 -- GrandTech (TWSE: 6123) today reported March 2016 consolidated revenue of NT$456M, 90% YoY, a new height after Jan 16 record.

The growth momentum is still very strong, and each Business Unit performed well with record 90% YoY in March, revenue of NT$456M. Thanks to the contribution driven by Distribution and Enterprise Business Unit, especially in Taiwan and Hong Kong. The company posted strong quarterly revenue of NT$1.2 B, more than 70% YoY.

For coming quarters, despite the headwinds the company faces from the volatile worldwide economic and political scenario, GrandTech will continue to focus on core competency to pursue revenue growth opportunities aggressively in Greater China and SEA; and operational excellence in managing the new business venture for sustainable growth with better ROI to the shareholders .

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

ITEM

Consolidated Revenue

March 2016 456,045
March 2015 240,062
YoY
Growth Rate %
90%
January 2016 1,227,040
January 2015 717,615
YoY
Growth Rate %
71%

Note: March & 1st Quarter 2016 revenue is unaudited consolidated account.

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