Giant Group's Board of Directors (BOD) today (5/9) approved the consolidated financial report for the first quarter of 2025. With a significant rebound in OEM orders and a notable increase in its contribution share, the Group achieved consolidated revenue of NT$16.85 billion, marking a year-over-year increase of 4.9%. Gross margin rate stood at 17.8%, while operating profit reached NT$0.42 billion, a decrease of 21.7%. Net profit before tax was NT$0.49 billion, down 40.4% compared to the same period last year. Net profit after tax totaled NT$0.37 billion, reflecting a year-over-year decline of 29.3%, with earnings per share (EPS) at NT$0.94.

In terms of own brand sales, Q1 revenue was relatively moderate due to a high base from China’s domestic market in the previous year. Nonetheless, cycling remains popular in China, and with demand in the Giant Group US and Europe markets gradually recovering, the upcoming peak season is expected to drive stronger sales in Q2 and Q3.

Despite ongoing uncertainties related to global tariffs, trade tensions, and exchange rate fluctuations, Giant Group has responded with caution and resilience. Leveraging its well-established global manufacturing network and strategic flexibility, the Group continues to optimize production across regions, mitigate external risks, and seize emerging opportunities.

The China International Bicycle Fair was held in Shanghai from May 5 to 8, attracting around 1,600 domestic and international bicycle-related companies, along with many cycling enthusiasts. Giant brand showcased the industry's first push bike made from eco-friendly carbon fiber - the PRE rCARBON, along with various low-carbon products, demonstrating Giant Group's commitment to sustainability, which received enthusiastic response from on-site visitors.