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GrandTech (TPEx:6123) reported YoY 56% growth on Jan 2021 consolidated revenue of NT$490 M

Taipei, Taiwan, R.O.C., February  04, 2021 -- GrandTech (TPEx: 6123) reported consolidated revenue at NT$494M in January 2021, 56% YoY growth.

GrandTech quoted,  Group’s recurring revenue (ARR) continued to grow steadily in January. The momentum of Hong Kong’s education market was still increasing, and the digital printing services had received significant growth. Besides, the cloud service business also had good sales performance.

Looking forward to the future, GrandTech is optimistic about 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) (UnitNT$ thousands)

Period

2021
consolidated
 
revenue

2020
consolidated
 
revenue

YoY
Increase (Decrease)
 
Rate%

Janurary

494,608

316,807

56%

Note: Janurary 2021 revenue is unaudited consolidated account.

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