Taipei, Taiwan, R.O.C., December 08, 2020 -- GrandTech (TPEx: 6123) reported consolidated revenue at NT$690M in November 2020, 59% MOM growth, 40% YoY growth.
GrandTech quoted, the revenue had significantly increased in November due to the strong momentrum in the business of cloud service and digital printing service. Besides, benefited by the government’s promotion and the shortage in supply was eliminated, HK campus project had been continuously growing.
Expecting continuous rough and unpredictable international politics and economics development, and the recovery of commercial activities are still halted by covid-19, the direction of expansion of the digital printing business and multi-cloud services in Asia-Pacific region remain unchanged. Grandtech will keep the momentum going to achieve the stable upslope of ARR and overall revenue performance for returning to our shareholders.
2020 revenue report (consolidated): (Unit:NT$ thousands)
Period
|
2020 consolidated revenue
|
2019 consolidated revenue
|
YoY Increase (Decrease) Rate%
|
|
|
November
|
689,553
|
492,041
|
40%
|
|
Note: November 2020 revenue is unaudited consolidated account.