GrandTech (TPEx:6123) announced its consolidated revenues for March at NT$505 M million, up 40% YoY. The accumulated consolidated revenues for the first quarter of 2021 reached NT$1.5 billion, up 50% YoY, hitting a record high for the same period.
GrandTech quoted, Group’s recurring revenue (ARR) continued to grow steadily in March. The momentum of HK campus project was still increasing, and the digital printing services also had received a significant growth. The main contribution was brought by the fashionable surgical mask and the increasing demand for smart packaging, not only the printing volume of after-sales service but also the orders for new machines had increased. Besides, the cloud service business also had good sales performances.
Looking forward to the future, GrandTech is optimistic about the high growth of cloud services, actively promotes the borderless multi-cloud service and the innovative expansion in the digital printing service industry. GrandTech will keep the momentum going to achieve the stable upslope of ARR and overall revenue performance for returning to our shareholders.
2021 revenue report (consolidated)： (Unit：NT$ thousands)
|
Period
|
2021
consolidated
revenue
|
2020
consolidated
revenue
|
YoY
Increase (Decrease)
Rate%
|
|
|
|
March
|
505,657
|
361,948
|
40%
|
|
|
Q1
|
1,495,977
|
997,824
|
50%
|
|
Note: March 2021 revenue is unaudited consolidated account.
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