EXEC: Giant Group Reports Moderating Sales Decline in January

The Giant Group reported monthly revenues for January 2024 declined 17.7 percent to NT$4.79 billion, representing the third straight month of moderating declines and the smallest decline since June 2023 when company revenues declined 13.5 percent.

The Giant Group reports financials in New Taiwan Dollar (NT$).

Sales were down 25.8 percent in December and down 28.1 percent in November, after a decline of 35.4 percent in October 2023. Sales were down 16.4 percent for the full year 2023 and down 29.8 percent in the fourth quarter.

In January 2023, cycle sales declined 12.7 percent, falling to NT$5.83 billion.

Image courtesy Giant

EXEC: Giant Group Reports Moderating Sales Decline in January

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