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GrandTech (TPEx:6123) reported MoM 35%, YoY -3% growth on August 2019 consolidated revenue at NT$528M

Taipei, Taiwan, R.O.C., September 09, 2019 -- GrandTech (TPEx: 6123) reported consolidated revenue at NT$528M in August 2019, MoM 35%, -3% YoY growth.

GrandTech quoted, group continues its ARR (Annual Recurring Revenue) business with stable momentum, both in Taiwan and HK regions performed well especially in CCSB (Creative and Cloud Services Business). The group performed about 10% YoY growth if HK campus project are excluded. 

In short, GrandTech continues its ARR (Annual Recurring Revenue) business growth and digital print press projects expansion, to pursue group overall profitability, despite the unpredictable changes in global politics and trade or currency war.

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

Period

2019

2018

YoY

consolidated revenue

consolidated revenue

Increase (Decrease) Rate%

August

528,713

544,914

-3%

Note: August 2019 revenue is unaudited consolidated account.

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