In 2021, Giant Group's Sales in The First Three Quarters Will Increase By 18 percent Over The Same Period

Giant Group's sales for the first three fiscal quarters of 2021 totaled 61.94 billion yuan (US2.23 billion), an increase of 18 percent over the same period last year. Net income during the period increased by 32 percent to NT4.83 billion. Giant's sales and profits in the first three quarters set records.

Huge Group's sales for the quarter were NT19.95 billion, an increase of 2.5 percent over the same period last year, and the net profit after tax for the quarter was NT1.28 billion, a year-on-year decrease of 13.6 percent . And said that the shortage of spare parts affected the overall production in the third quarter, and the increase in spare parts costs and logistics costs also affected profits.

The company said: "Compared with last year, the giant group achieved double-digit revenue growth in the first three quarters of the European and North American markets. In the Chinese market, sales increased by about 10 percent . Electric bicycles in the three quarters This has increased by 37 percent and currently accounts for approximately 31 percent of the group's business."

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