Financial

Shortages reduced Giant’s growth to 2.5% in Q3

By 2021-11-08T18:50:00

Giant Group Logo

With strong ongoing global demand for bicycles and e-bikes, Giant Manufacturing reported that its production facilities are fully loaded with orders. However, a lack of components affected the production in the third quarter, leading to an increase in consolidated sales of only 2.5 percent to 19.95 billion Taiwan dollars (€619.0m-$715.0m) ...

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