It wasn’t quite as big of an increase as the company posted in June, but Giant Group took another big step forward in digging out from a massive shipment hole last month. After posting an increase of nearly 16 percent in June, Taiwan-based bike manufacturer posted another nice month with a 12.8 percent increase in July 2026, reaching NT$5.76 billion ($178.5 mm) and marking three consecutive months of growth in shipment volume and value.
After reporting in May 2026 its first monthly year-over-year growth trend since early 2025, Giant Group took the positive trend to a new level in June 2026 as the company saw shipment jump in the mid-teens.
June 2026 shipments grew 16.0 percent to NT$5.76 billion ($181 mm) after posting growth of 5.8 percent in May. The June increase was the largest percentage increase since February 2025 (+30.9 percent). Giant hinted earlier at a reversal of fortunes after a long period of down arrows when sales dipped just 1.8 percent year-over-year in April 2o26.
The April 2026 decline was the smallest year-over-year monthly decrease in sales since those same February 2025 results. The April decline also came after first quarter results fell 20.3 percent to NT$12.5 billion ($396 mm), full-year 2025 sales dropped 15.4 percent, and full-year 2024 sales declined 7.4 percent.
Six-month year-to-date (YTD) shipment trends through June were down 10.5 percent year-over-year to NT$29.2 billion ($922. 3 billion).
The seven-month YTD trend through July has improved to a decline of 4.4 percent to NT$34.9 billion.
The Giant Group reports financials in the New Taiwan Dollar (NT$). SGB Executive used the average exchange rate of approximately $0.0316 per NT$1.00 for both the H1 conversion rate and the June 2026 conversion rate, which was said to fluctuate between a low of about $0.0313 and a high of $0.0319, according to the Federal Reserve Bank of St. Louis. The July conversion rate was $0.0310 per NT$1.00.
Image courtesy Giant Group
