GrandTech (TPEx:6123) announced its consolidated revenues of NT$380M for May 2021, up by 21% YoY, reaching the second historical high for the same period
GrandTech quoted, the Group’s revenue in May was generated from DDPB (Dynamic Digital Print Business Group) and Cloud Services Business Group, which had also received a significant increase compared to the same period last year. The overall performance in HK market was still outstanding, even though the HK campus project is temporarily paused. However, there was a delay in delivery of Digital Printing machines, and we hope the issue can be resolved in the near future and once again accelerate the momentum of Digital Printing Services.
On the whole, although the second quarter is traditional off-season, and the current pandemic situation has impacted Taiwan and other countries ‘ economies, which highlights the high demand and growth of cloud services, Digital Printing Business and Cloud Services Business still have been steadily increasing. GrandTech will actively continue to promote the borderless multi-cloud service, expand the application of digital printing services, implement effective corporate management, and optimize the group business revenue for keeping the momentum going and achieving the stable upslope of ARR and outstanding overall revenue performance.
2021 revenue report (consolidated)： (Unit：NT$ thousands)
|
Period
|
2021
consolidated
revenue
|
2020
consolidated
revenue
|
YoY
Increase (Decrease)
Rate%
|
|
|
|
May
|
380,683
|
314,053
|
21%
|
|
Note: May 2021 revenue is unaudited consolidated account.
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