Giant Group’s Board of Directors today (November 7) approved the financial report for the first three quarters of 2025. Consolidated revenue reached NT$47.96 billion, down 16.9% year-over-year; gross margin rate was 19.8%; net profit before tax reached NT$1.43 billion, and net profit after tax was NT$910 million, resulting in earnings per share (EPS) of NT$2.31.

In Q3 2025, consolidated revenue was NT$15.36 billion, a 24.9% decline year-over-year. Quarterly gross margin rate improved to 21.5% from 18.5% last year, mainly driven by promotional efforts for own-brand products during peak season and inventory provision reversals from sales. Net profit before tax was NT$580 million, and net profit after tax was NT$350 million, resulting in EPS of NT$0.89.

In terms of market performance, OEM business saw nearly 20% growth in sales during the first three quarters, supported by recovering demand in Europe. Own-brand sales also showed a moderate recovery in the European market. While regional performance varied, the overall trend is stabilizing. In the U.S., consumer sentiment remained cautious due to tariff policies and macroeconomic factors. In China, revenue declined due to a high base period last year. As the year-end holiday season approaches, the Group will continue to adjust market strategies flexibly to enhance sales performance.

Sales of E-Bikes, including both OB and OE, accounted for 25% of the Group’s total revenue in the first three quarters. Although the share slightly declined compared to last year, unit sales still showed growth, reflecting the recovering market demand. As a key mid- to long-term growth driver, E-Bikes hold strong potential. The Group will continue to invest in this segment, with new product launches expected to further business growth.

Looking ahead, Giant Group will continue to strengthen operational resilience, respond flexibly to market changes, and steadily advance its business strategies to create lasting value and meet the expectations of global consumers.