Giant Group Sees Increasing Demand
The world’s largest bike maker reported Q1 net income of TWD 367.6 million ($11.0 mm), down 29% from TWD 519.7 million, despite 5% higher revenues of TWD 16,850.9 million ($506.0 mm) against TWD 16,063.2 million. Giant said that it had a significant rebound in OEM orders, while Q1 revenue was moderated by ... Log in to view full article.