Taipei, Taiwan, R.O.C., August 08, 2019 -- GrandTech (TPEx: 6123) reported consolidated revenue at NT$390M in July 2019, 2.5% YoY growth.
GrandTech quoted, continued growth momentum in July contributed by subscription based recurring revenue from CCSB (Creative and Cloud Services Business) and EBG (Enterprise Business Group), however, GrandTech consolidated revenue in July was flat at YoY 2.5% growth, due to DDPB (Dynamic Digital Printing Business) had recognized printing equipment project revenue in the same period at 2018.
Prospects for 2H, GrandTech will continues to pursue stronger business growth on ARR (Annual Recurring Revenue) from both CCSB and DDPB, and the digital press projects expansion, despite the unpredictable changes in global politics and trade turbulence.
2019 revenue report (consolidated): (Unit:NT$ thousands)
Period |
2019
|
2018
|
YoY
|
consolidated revenue
|
consolidated revenue
|
Increase (Decrease) Rate%
|
July
|
391,872
|
382,249
|
2.5%
|
Note: July 2019 revenue is unaudited consolidated account.