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GrandTech (TPEx:6123) announced its consolidated revenues of NT$425 M for August 2021, up 10 % MoM and down by 0.4% YoY. The accumulated consolidated revenues from January to August reached NT$3.56 billion, up by 24% YoY.

GrandTech (TPEx:6123) announced its consolidated revenues of NT$425 M for August 2021, up 10 % MoM and down by 0.4% YoY. The accumulated consolidated revenues from January to August reached NT$3.56 billion, up by 24% YoY.

GrandTech quoted, the Group has achieved solid performance in revenue in August, thanks to the main momentum- Annual Recurring Revenue (ARR), which is driven by the accelerated growth of DDPB (Dynamic Digital Print Business Group) and Cloud Services Business Group.

GrandTech focuses on the future possibilities of Digital Printing and Cloud Services. We have been actively deploying the borderless multi-cloud services and platform for our clients, and also developing more international cooperation with strategic partners. Besides the market expansion in Hong Kong and ASEAN that GrandTech already did, GrandTech is having the careful assessment of entering the startup industries of Japan for developing more cloud businesses.

Furthermore, we are also expanding the application of digital printing services and building the co-ecosystem for digital printing and smart packaging. Besides the outstanding business performance in the market of biotech packaging and fashionable mask, GrandTech is also planning to extend the investment in the potential business of eco-friendly food and cosmetic packaging, in order to optimize the group business revenue for keeping the momentum going and achieving the stable upslope of ARR and outstanding overall revenue performance.

2021  revenue report (consolidated): (Unit: NT$ thousands)

Period

2021
 consolidated 
revenue

2020
 consolidated 
revenue

YoY
 Increase (Decrease) 
Rate%

August

425,199

426,959

-0.4%

Note:  August 2021 revenue is an unaudited consolidated account. 
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