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GrandTech (TPEx:6123) reports Dec. 2016 consolidated revenue NT$502M, 21% YoY growth;

Year 2016 overall revenue NT$53.6B as a historical high, 43% YoY growth.

Issued By:GrandTech Issued On:2017/1/9

Taipei, Taiwan, R.O.C., Jan. 9th, 2017 -- GrandTech (TPEx: 6123) today reported Dec. 2016 consolidated revenue of NT$502M, ended FY2016 with strong momentum.  The continuing growth are in Taiwan, Hong Kong on distribution and enterprise business, with 43% YoY Revenue growth. Also performed well in digital printing business in Taiwan and Malaysia. GrandTech FY2016 consolidated revenue at NT$53.6B, with 43% YoY growth is the historical high.

On the back of very challenged economic climate in 2016, coupled with worldwide political uncertainties that impacted Asia's economy, GrandTech’s transformation efforts started years ago, especially in cloud subscription business and digital print business, has started to pay off.

GrandTech transforms strategically into a company with diversified business groups, focuses on incubating Great Malaysia Plan, strategic alliances formation in ASEAN and other regional plans are all on right track for transformation, which leads GrandTech into promising 2017 with minor fine-tuning to laser focus on the growth areas, to strengthen its foundation on sustainable growth in bottom-line to deliver better ROE to loyal shareholders, despite continuous uncertainties in global economics and politics arena.

GrandTech  Dec 2016 Revenuce Report
( consolidated): (Unit:NT$ thousands)
ITEM Consolidated Revenue
Dec. 2016 502,520
Dec. 2015 415,937
Increase Rate %

Jan- Dec. 2016

Jan- Dec. 2015


Increase Rate %

  Note: Dec & Jan-Dec 2016 revenue is unaudited consolidated account.