Giant Manufacturing Co., Ltd. (Giant Group) slowed its sales decline in August 2025, as monthly sales decreased less than in the prior three months.
Giant Group’s monthly revenue fell 26.7 percent to NT$5.0 billion, marking the company’s fifth consecutive double-digit decline and the fourth straight month of strong double-digit decreases. The sharp drop for the month was offset by a 2.0 percent increase in the August 2024 period.
July revenue declined 30.0 percent y/y. The decline further builds on a 30.0 percent y/y decline in June, a 29.3 percent y/y decline in May 2024, and a 17.1 percent y/y decline in April 2025.
The eight-month year-to-date (YTD) period through August was down 17.3 percent to NT$42.7 billion.
The trend line has been negative for most of the YTD period, except for a big month for the manufacturer in February 2025 when shipment sales volume jumped 30 percent y/y, thought to be due primarily to pull-ahead shipments as the market reacted to tariffs that took effect in March, as U.S. brands and factories across Asia moved shipments up to ensure pricing.
Second-quarter shipments totaled NT$15.8 billion, a 25.6 percent decline year-over-year. First-quarter shipments totaled NT$16.9 billion, a 4.9 percent year-over-year increase, and outpaced a 20.3 percent decline in the 2024 first quarter.
Giant Group reports in New Taiwan dollars (NT$).
Image courtesy Giant Manufacturing Co., Ltd.
