Giant’s first-quarter revenue slides, reflecting continued market turmoil

May 11th, 2017

http://www.bicycleretailer.com/international/2017/05/11/giants-first-quarter-revenue-slides-reflecting-continued-market-turmoil

bicycleretailer.com – First-quarter revenue at Giant Manufacturing, the world’s largest producer of bikes, continues a downward trend pointing to what could be another tough year for the industry. First-quarter revenue dropped 5.9 percent to NT$13.5 billion ($447.4 million), compared with NT$14.4 billion a year earlier.

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