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GrandTech (TPEx:6123) reports Jan. 2017 consolidated revenue NT$383M, -16% YoY growth

Issued By:GrandTech Issued On:2017/02/08

Taipei, Taiwan, R.O.C., Feb. 8th, 2017 -- GrandTech (TPEx: 6123) today reported Jan. 2017 consolidated revenue of NT$383M, with 16% YoY revenue decreased. The reduce was mainly due to lesser working days for Chinese New Year holidays and non-operating income from the wining of the lawsuit against MBF in Malaysia last year. Key contributions are continued driven by Distribution and Enterprise Business Unit in Hong Kong and Taiwan, and from NetCore in Taiwan too.
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, strengthening its foundation on sustainable growth in bottom-line to deliver better ROE to loyal shareholders, despite continuous  uncertainties in global economics

GrandTech  Sep. 2017 Revenuce Report
( consolidated): (Unit:NT$ thousands)
ITEM Income Before Tax
(NT$ Thousands)
Jan 2017
Jan 2016 454,660
Increase(Decrease) Rate %

  Note: Jan 2017 revenue is unaudited consolidated account.