Issued by: GrandTech Issued On:2017/06/090
Taipei,Taiwan, R.O.C., June 9th , 2017 -- GrandTech (TPEx: 6123) reported May 2017 consolidated revenue of NT$235M, -41% YoY, GrandTech quoted, however, YoY Revenue slightly reduced 3.7% if the revenues on the recent disposed businesses are excluded from May 2016. The consolidated revenue reduced was mainly due to the disposal of businesses in first quarter, 2017.
Despite the consolidated revenue downturn and the impact of stronger Taiwan Dollar, sustainable contributions driven by the founding business, Creative & SaaS-Pub Business Group, is expected with new business opportunities in the pipeline. Subsidiaries, NetCore and DPI in Malaysia were performed well too.
GrandTech evolves strategically into a company with diversified business groups for healthy and sustainable growth, focus on increasing value-added solutions and services to enterprise market. Not just strived to acquire additional well-known professional software and hardware products but also embedded with “ internet+” DNA to transform as SaaS Publisher. Investment on Cloud Services and high growth potential Dynamic Digital Print business will soon becoming another key growth area for GrandTech, which will be strengthening its foundation for sustainable growth to deliver better ROE to loyal stakeholders.
GrandTech 2017 Revenuce Report (consolidated): (Unit:NT$ thousands) |
Period |
2017 consolidated revenue (recent disposed businesses excluded) |
2016 consolidated revenue (recent disposed businesses excluded) |
YoY Increase (Decrease) Rate% |
2017 consolidated revenue |
2016 consolidated revenue |
YoY Increase(Decrease) Rate% |
April |
235,238 |
244,346 |
-3.7% |
235,238 |
399,259 |
-41% |
Note: May 2017 revenue is unaudited consolidated account. |