‘OEM rebound’ fuels Giant Group revenue growth
May 13, 2025
Giant Group says a “significant rebound in OEM orders” fueled a 4.9% increase in group revenues in the first quarter compared to the same quarter last year.
The company had revenue of NT$16.85 billion ($550 million) in the quarter, up from NT$16.06 billion last year. Gross margin rate was 17.8% and operating profit was NT$0.42 billion, a decrease of 21.7%.
Net profit after tax totaled NT$0.37 billion, reflecting a year-over-year decline of 29.3%, with earnings per share (EPS) at NT$0.94. BRAIN