After reporting its first monthly year-over-year growth trend since early 2025 in May, Giant Group took the positive trend to a new level in June 2026 as the Taiwan-based bike manufacturer saw shipment ump in the mid-teens in the most recent reported month.
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 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 shipment trends were down 10.5 percent year-over-year to NT$39.8 billion, or $1.26 billion.
In May, SGB Executive asked rhetorically if the April 2026 trend signaled a turnaround. This second consecutive positive performance helps build even more confidence in that thesis.
The Giant Group reports financials in the New Taiwan Dollar (NT$). 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.
Image courtesy Gisnt Group
