GrandTech quoted, Group various business entities has kept the momentum going, its consolidated revenue in September grew by 34% from previous month. However, because of promotion of the HK campus project at the same period of last year, and without the influence of Covid-19, the overall revenue performance of this month is relatively low. The school in Hong Kong already started the new semester in September, which brought a contribution to the overall revenue. The Cloud Services Business Group and DDPB (Dynamic Digital Print Business Group) also delivered a good performance. The transformation and development of the group various business entities will definitely bring positive growth to overall revenue.
Expecting continuous rough and unpredictable international politics and economics development, and the recovery of commercial activities are still halted by covid-19,
the direction of expansion of the digital printing business and multi-cloud services in Asia-Pacific region remain unchanged. Grandtech will keep the momentum going to achieve the stable upslope of ARR and overall revenue performance for returning to our shareholders.
2020 revenue report (consolidated)： (Unit：NT$ thousands)
|
Period
|
2020
consolidated
revenue
|
2019
consolidated
revenue
|
YoY
Increase (Decrease)
Rate%
|
|
|
|
September
|
571,963
|
612,529
|
-6.6%
|
|
Note: September 2020 revenue is unaudited consolidated account.
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