Giant Group’s Board of Directors today (August 8) approved the financial results for the first half of 2025. Consolidated revenue reached NT$32.61 billion, a 12.4% year-over-year decline, primarily due to the appreciation of the New Taiwan Dollar. Gross margin was 19.1%. Net profit before tax totaled NT$850 million, and net profit after tax was NT$560 million, both declining 66.7% from the previous year. Earnings per share (EPS) stood at NT$1.42. The Group streamlined inventory levels, restoring asset ratios to healthy pre-pandemic standards and strengthening operational flexibility.
In Q2 2025, consolidated revenue was NT$15.75 billion, a 25.6% decrease year-over-year. Gross margin came in at 20.4%, impacted by seasonal discounts and currency fluctuations. Net profit before tax was NT$360 million, mainly affected by a foreign exchange loss of NT$230 million. Net profit after tax was NT$190 million. EPS for Q2 was NT$0.48; excluding currency impacts, adjusted EPS would have been approximately NT$1.07.
OEM business saw nearly 30% growth, driven by recovering demand in Europe. Own brand performance was more conservative, influenced by a high base in the Chinese market last year. In the U.S., consumer demand softened due to tariff policies and macroeconomic challenges. Europe showed signs of moderate recovery, with mixed performance across regions. The Group continues to adjust its market strategies with agility.
The Group’s sponsored teams also achieved notable success at the 2025 Tour de France. Team Jayco AlUla rider Ben O'Connor won Stage 18 on Giant’s Propel bike with CADEX wheels. Liv AlUla Jayco also secured a Stage 2 victory, reinforcing the performance and reputation of the Group’s premium cycling products.
With manufacturing sites in Taiwan, China, the Netherlands, Hungary, and Vietnam, the Group leverages a globally diversified production network to ensure flexibility and resilience. This setup enables rapid responses to shifting trade policies, tariffs, and regional market demands.
Looking ahead, the Group remain focused on optimizing operations and adapting to external changes, driving sustainable growth and delivering high-quality products to consumers worldwide.
