Corporate News

Font size:
Small
Medium
Large

GrandTech (TPEx:6123) reported YoY 9% growth on June 2020 consolidated revenue to NT$410M, second highest for the same period in past years

Taipei, Taiwan, R.O.C., July 07, 2020 -- GrandTech (TPEx: 6123) reported consolidated revenue at NT$410M in June 2020, 9% YoY growth.

GrandTech quoted, the economic is getting warm and the company has resumed its momentum to deliver positive growth.

The revenue in June is the second highest compared to the corresponding period in past years, grew 30% compared to last month and 9% compared to last year. GrandTech focus on recurring business growth, ARR (Annual Recurring Revenue), both Creative SaaS and IaaS Cloud Services business units had performed well. The DDPB (Dynamic Digital Print Business Unit) Taiwan region also delivered good performance.

In prospect, the global Covid19 epidemic tension started to ease, there are sign economic was gradually recovered. However, the effects from COVID-19 are still persisting, GrandTech will maintain scrupulous attitude on unpredictable situations, and focusing to accelerate the company's continual and steady development.

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

Period

2020
consolidated
revenue

2019
consolidated
revenue

YoY
Increase (Decrease)
Rate%

June

410,227 376,885

9%

Note:June 2020 revenue is unaudited consolidated account.

TOP