Taipei, Taiwan, R.O.C., March 08, 2021 -- GrandTech (TPEx: 6123) reported consolidated revenue at NT$495M in February 2021, 55% YoY growth.
GrandTech quoted, in spite of the fact that Chinese New Year festive holidays in February led to lesser working days, Group’s recurring revenue (ARR) continued to grow steadily. The momentum of HK campus project was still increasing, and the digital printing services also had received significant growth. The main contribution was brought by the fashionable surgical mask and the demand of smart packaging, not only the printing volume of after-sales service, but also the orders for new machines had increased. Besides, the cloud service business also had good sales performances.
GrandTech’s BOD meeting reached resolutions on March 4th for the Q4 2020 financial report with annual EPS of NT$4.25. The resolved dividends of BOD for Q4 will be NT$3 per share, in total NT$4 per share for 2020.
Looking forward to the future, GrandTech is optimistic about high growth of cloud services, actively promotes the borderless multi-cloud service and the innovative expansion in the digital printing service industry. Grandtech will keep the momentum going to achieve the stable upslope of ARR and overall revenue performance for returning to our shareholders.
2021 revenue report (consolidated): (Unit:NT$ thousands)
Period
|
2021 consolidated revenue
|
2020 consolidated revenue
|
YoY Increase (Decrease) Rate%
|
|
|
February
|
495,712
|
319,519
|
55%
|
|
Note: Februrary 2021 revenue is unaudited consolidated account.