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GrandTech (TPEx: 6123) reports semi-annual of FY2016 financial results, Earning Per Share before tax NT$2.34 by YoY of 134% growth

2016-07-20

Issued By：GrandTech Issued On：2016/7/20

Taipei, Taiwan, R.O.C., 20th July 2016 -- GrandTech (TPEx: 6123) today reported financial results for its semi-annual and second quarter report of fiscal year 2016.

Financial Highlights
• GrandTech achieved 1H 2016 consolidated revenue NT$24.47B, representing year-over-year growth of 46%
• Earning Per Share before tax were NT$2.34 for 1H 2016, 134% YoY growth, NT0.92 for second quarter of 2016, 15% YoY growth.
• Net profit before tax by 125% YoY, NT$1.24B for 1H 2016
• TTM EPS before tax at NT$4.79 reflected strong profitability growth.

GrandTech quotes, the strong growth momentum drives revenue growth, revenue gradually rebound and profitability stably grown, despite the continuous headwinds the company faces from the volatile worldwide economic and political scenario.

The exceptional performance in past 4 quarters, TTM EPS NT$4.79 is an indicator on company strong and continued momentum by aggressive and focus transformation exercise, crafted since three years ago.

GrandTech transforms strategically into a company with diversified business groups and recruit self-motivated entrepreneurs with strong leadership to drive business growth and profitability. And continually, GrandTech focuses on core competencies to pursue new growth areas and opportunities, such as Digital Content, Digital Print and VR/AR opportunities in the region; Additional investment in particularly culture creative industry and digital contents service business will be another legs for GrandTech's revenue and profits growth; and stick on the strategy of merge and acquisition to strengthen foundation of GrandTech potential continuous business expansion.

Based on the first half performance and momentum, GrandTech is confident to meet or exceed all of our annual fiscal year 2016 targets to rewards supporting stakeholders.

GrandTech  2Q & 1H 2016 Financial report ( consolidated)： (Unit：NT$ thousands)

ITEM

Income Before Tax(NT$ Thousands)

 EPS Before Tax(NT$)
2Q 2016 49,583
 0.92
2Q 2015 44,356  0.8
YoY
Growth Rate %		 12% 15%
1H 2016 124,902  2.34
1H 2015 55,610 1.0
YoY
Growth Rate %		 125% 134%

Note: 2Q & 1H 2016 financial result have not been approved by Board of Directors.

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