Taipei, Taiwan, R.O.C., December 09, 2019 -- GrandTech (TPEx: 6123) reported consolidated revenue at NT$490M in November 2019, 13% YoY growth.
GrandTech quoted, its consolidated revenue in November was strong with 13% YoY growth, especially in DDPB (Dynamic Digital Print Business). Group revenue increased 17%, if Hong Kong Campus Project is excluded.
With current momentum, the company’s consolidated year-to-date revenue is NT$4.83B, close to same period last year.
GrandTech is focus on stable growth of ARR (Annual Recurring Revenue) and the contractual recurring revenue base is getting bigger. The other key growth area, DDPB (Dynamic Digital Print Business) is gaining traction to close more deals that is accelerating digital print technology adoption in the industry.
The company is continuously working to strengthen company fundamental growth as the reward to her loyal shareholders.
2019 revenue report (consolidated): (Unit:NT$ thousands)
Period |
2019
|
2018
|
YoY
|
consolidated revenue
|
consolidated revenue
|
Increase (Decrease) Rate%
|
November
|
492,041
|
436,249
|
13%
|
Note:November 2019 revenue is unaudited consolidated account.