Taipei, Taiwan, R.O.C., October 08, 2019 -- GrandTech (TPEx: 6123) reported consolidated revenue at NT$612M in September 2019, MoM 15.7%, -25% YoY growth.
GrandTech quoted, its consolidated revenue in September up by 16% from the previous month. Well performance in both Hong Kong and TW regions, especially in CCSB (Creative and Cloud Services Business). GrandTech continues focusing on stable business growth of ARR (Annual Recurring Revenue), and group revenue increased 4% in September if excluded Hong Kong campus project in the same period last year.
Despite the unpredictable changes in global politics and trade turbulence, GrandTech will continues to pursue stronger business growth on ARR (Annual Recurring Revenue) from both CCSB and DDPB, and the digital printing press penetration.
2019 revenue report (consolidated): (Unit:NT$ thousands)
Period |
2019
|
2018
|
YoY
|
consolidated revenue
|
consolidated revenue
|
Increase (Decrease) Rate%
|
September
|
612,529
|
820,411
|
-25%
|
Note: September 2019 revenue is unaudited consolidated account.