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GrandTech (TPEx:6123) reports FY2016 financial results, Earning Per Share before tax NT$4.66, 35% YoY growth, as a historical record high.

Issued By:GrandTech Issued On:2017/1/18

Taipei, Taiwan, R.O.C., Jan. 18th, 2017 -- GrandTech (TPEx: 6123) today reported financial results for FY2016

FY2016 Financial Highlights

•    Quarter 4 operation profit of NT69M, 58% YoY, which is quarterly record.
•    Quarter 4 Net Profit before tax of NT$67M, 3% YoY growth and Earnings per share before tax of NT$1.24.
•    Record consolidated revenue of NT$53.6B in its 4 quarters of FY2016, representing YoY of 43%
•    Net profit before tax with 33% YoY, NT$2.49B in FY2016, as a historical record than FY2015
•    Earnings Per Share before tax at NT$4.66 in FY2016, 35% YoY growth, a new record set

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 has blossomed, especially in regional cloud subscription business and digital print business.
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 promising expansion. With minor fine-tuning to laser focus on its key growth areas, its foundation on sustainable growth will be strengthen 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 Operation Profit
(NT$ Thousands)
Income Before Tax
(NT$ Thousands)
EPS before Tax
(NT$ )
Q4 FY 2016 68,527 66,559
Q4 FY 2015 502,520 64,556
Increase Rate %
58% 3% 1%
FY 2016 235,519

  FY 2015


Increase Rate %
33% 35%
  Note: Q4 & FY 2016 revenue is unaudited consolidated account.