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GrandTech (TPEx:6123) reports July 2017 consolidated revenue NT$327M, -27% YoY; 8% YoY if recently disposed business units excluded as the base.

Issued by: GrandTech Issued On:2017/08/10

Taipei,Taiwan, R.O.C., Aug 10th , 2017 -- GrandTech (TPEx: 6123) reported July 2017 consolidated revenue of NT$327M, MoM -15%, -27% YoY. GrandTech quoted, however, Revenue increased 8% YoY if the revenues on the recent disposed businesses are excluded.

As July is the first month of 3rd quarter, GrandTech quoted, group founding business (excluded discontinued business) revenue had a slight decrease compared with last month; however, still grew organically YoY 8% despite the impact on stronger Taiwan Dollar; Enterprise Business Group(EBG) & Dynamic Digital Printing Business Group(DDPB) performed well, subsidiary NetCore also had YoY 60% growth rate.

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. GT strived to acquire additional well-known professional software and hardware as the SaaS Publisher, and also integrate with “ internet+” DNA to transform into Cloud Service Business for delivering professional consultancy and services to the market.

On the other hand, potential high growth in Dynamic Digital Print business will be the key growth area for GrandTech, and continuous search on the potential M&A target or entrepreneur or sales team to strengthen its foundation for sustainable growth with higher 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%
June 326,708 302,493 8% 326,708 450,572 -27%
  Note: July 2017 revenue are unaudited consolidated account.
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