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GrandTech (TPEx:6123) reported YoY -10% growth on Jan 2020 consolidated revenue of NT$316M

2020-02-10

Taipei, Taiwan, R.O.C., February 10, 2020 -- GrandTech (TPEx: 6123) reported consolidated revenue at NT$316M in January 2020.

GrandTech quoted, consolidated revenue in January slightly decrease 10% compare to year-ago period, mainly due to lesser working days for Chinese New Year festive holidays.

GrandTech will keep focusing on its ARR (Annual Recurring Revenue) business that has stable momentum, despite Asia-Pacific region economic impact from 19nCoV epidemic. The group is constantly working on regional Cloud Services Biz expansion and further expand investment in DDPB (Dynamic Digital Print Business).

2020 revenue report (consolidated)： (Unit：NT$ thousands)

Period

2020

2019

YoY

consolidated revenue

consolidated revenue

Increase (Decrease) Rate%

January

316,807

353,591

-10%

Note:January 2020 revenue is unaudited consolidated account.

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