Giant starts 2025 with revenue boost thanks to increased orders and high demand in Chinese market, but uncertainty lingers as April profits plunge
Giant Group reported a 4.9 per cent increase in revenue for the first quarter of 2025, buoyed by a rebound in OEM (original equipment manufacturer) orders and a strong demand in the Chinese market, but the Taiwanese company’s April revenue — 17 per cent down year-on-year — indicates volatile times in the bike industry.Giant, the world’s largest … Read more