Taipei, Taiwan, R.O.C., Oct.17, 2019 -- GrandTech (TPEx: 6123) today reported financial results on its 3rd Quarter of FY2019 Financial Highlights.
- Operating Income of NT$ 94M, second highest in the same period compared to past years; 132% growth compared to Q2’19.
- Net Profit Before Tax of NT$92M, second highest in past years in Q3, grew 11.5% YoY.
- Earnings per share before tax at NT$1.62, grew 14% YoY. 105% Quarterly growth compared to Q2’19.
- Operating Profit Rate at 6.14%, grew 12% YoY. 63% Quarterly growth compared to Q2’19.
- Net Profit Before Tax Rate at 6.04%, grew 27% YoY. 44% Quarterly growth compared to Q2’19.
- 2019 Q1-Q3 Consolidated Earnings per share before tax at NT$ 3.42, grew 8% YoY.
- Q3 Consolidated revenue of NT$1.53 billion, -12% YoY.
GrandTech quoted, consolidated revenue in Q3 decreased 12% YoY growth, due to HK campus project revenue dropped as compared to previous year. Continued growth momentum in Q3 contributed by subscription based recurring revenue from CCSB (Creative and Cloud Services Business) and EBG (Enterprise Business Group).
With current momentum, GrandTech will continue the push on greater growth in Cloud Services - SaaS & IaaS, and DDPB business expansion to enlarge ARR (Annual Recurring Revenue). The company will continue to seek strategic alliance and M&A projects that brings substantial opportunities to the group as the rewards to the loyal shareholders.
2019 Financial report (consolidated): (Unit: NT$ thousands)
|
2019
Q3
|
2018
Q3
|
YoY
Growth Rate %
|
|
Consolidated revenue
|
94,186
|
95,584
|
-1.4%
|
|
Net Profit Before Tax
|
92,651
|
83,057
|
11.5%
|
|
Operating Profit Margin
|
6.14%
|
5.47%
|
12%
|
|
Net Profit Before Tax Rate
|
6.04%
|
4.75%
|
27%
|
|
EPS
Before Tax (NT$)
|
1.62
|
1.42
|
14%
|
Note: 3rd quarter of fiscal year 2019 financial result is unaudited consolidated account.
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