(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-KF97DMJ');

Corporate News

Font size:
Small
Medium
Large

GrandTech (TPEx:6123) reported YoY 40% growth on April 2019 consolidated revenue to NT$365M

Taipei, Taiwan, R.O.C., May 8, 2019 -- GrandTech (TPEx: 6123) reported consolidated revenue at NT$365M in April 2019, 40% YoY growth. GrandTech quoted, a continued growth momentum and YoY steady growth in April contributed by subscription based recurring CCSB (Creative and Cloud Service Business) and EBG (Enterprise Business Group). 

As subscription economy, SaaS in cloud business is formed and scaling-up steadily, GrandTech as one of the earliest adoptions to focus on Cloud Business (SaaS & IaaS) is riding on the wave and expects continuous growth momentum in ARR (Annual Recurring Revenue), on top of other businesses organic growth in the region. 

“One of our goal on regional business expansion is to continue to seek strategic alliance and M&A projects, that brings substantial opportunity for good to GrandTech Group. The company fundamental is ready to scale up based on the efforts and infrastructure that has put in place in the past.  We believe the continuous fundamental growth is the reward to our loyal shareholders, the value we have been maintaining for years”, said by Jason Ngoi, Spokesman to GrandTech Group.

2019 revenue report (consolidated): (Unit:NT$ thousands)

Period

2019

2018

YoY

consolidated revenue

consolidated revenue

Increase (Decrease) Rate%

April

364,960

259,807

40%

Note: April 2019 revenue is unaudited consolidated account.

TOP