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GrandTech (TPEx:6123) reports Nov. 2016 consolidated revenue NT$508M, set new record with 49% YoY growth

Issued By:GrandTech Issued On:2016/12/8

Taipei, Taiwan, R.O.C., Dec. 8th, 2016 -- GrandTech (TPEx: 6123) today reported Nov. 2016 consolidated revenue of NT$508M, grew by 49% YoY, new record after August one, this year.

GrandTech continues the growth in Taiwan, Hong Kong and Malaysia's distribution and enterprise business; and other business groups has gained growth momentum too.

YTD consolidated revenue is NT$4.86B, 45% YoY growth.

On the back of very challenged economic climate in 2016, coupled with worldwide political uncertainties that impacted Asia's economy recovery, GrandTech continues to strive to meet its FY16 goals. On the other hand, incubating Great Malaysia Plan, strategic alliances formation in ASEAN and other plans are all on right track for transformation, which leads GrandTech to strengthen its foundation on sustainable growth to deliver impressive returns to loyal shareholders.

GrandTech  Nov. 2016 Revenuce Report 
( consolidated): (Unit:NT$ thousands)
ITEM Consolidate Revenue
Nov. 2016 507,865
Nov. 2015 341,852
YoY
Increase Rate %
49%
Jan- Oct 2016 4,859,650
Jan- Oct 2016 3,342,346
YoY
Increase Rate %
45%

  Note: Nov. & Jan-Nov. 2016 revenue is unaudited consolidated account.

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