Taipei, Taiwan, R.O.C., July 08, 2019 -- GrandTech (TPEx: 6123) reported consolidated revenue at NT$376M in June 2019, -2% YoY growth. GrandTech quoted, revenue performance in June is affected by the traditional off-season. CCSB (Creative and Cloud Services Business) and EBG (Enterprise Business Group) maintained a stable momentum. Though DDPB (Dynamic Digital Printing Business) has revenue recognition for projects, the revenue in June decreased slightly compared with larger projects at the same period last year.
Focusing on stable business growth of ARR (Annual Recurring Revenue), GrandTech continues to seek strategic alliance and M&A projects that brings substantial opportunity for good to GrandTech Group. The Company believes the continuous fundamental growth is the reward to their loyal shareholders.
2019 revenue report (consolidated): (Unit:NT$ thousands)
Period |
2019
|
2018
|
YoY
|
consolidated revenue
|
consolidated revenue
|
Increase (Decrease) Rate%
|
June
|
376,885
|
385,344
|
-2%
|
Note: June 2019 revenue is unaudited consolidated account.