Giant Group Sees Another Steep Decline in December Revenues

January 10, 2024

Giant Group reported consolidated sales were NT$76.95 billion for full-year 2023 through December, a decrease of 16.4 percent compared to the 2022 full-year period.

December revenues were down 25.8 percent to NT$4.17 billion, compared to NT$5.62 billion in December 2022. Still, the Taiwan-based bike manufacturing group, which reports in New Taiwan Dollar (NT$) currency, reported a slight improvement versus the fourth quarter and second half of 2023. SGB Media