Giant Manufacturing Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 05:49 pm EDT
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Giant Manufacturing Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 21,372.326 million compared to TWD 19,702.392 million a year ago. Operating income was TWD 2,698.325 million compared to TWD 2,265.637 million a year ago. Net income was TWD 1,849.280 million compared to TWD 1,521.702 million a year ago. Basic earnings per share from continuing operations was TWD 4.93 compared to TWD 4.06 a year ago. Diluted earnings per share from continuing operations was TWD 4.92 compared to TWD 4.05 a year ago. For the half year, total revenue was TWD 41,989.796 million compared to TWD 33,025.467 million a year ago. Operating income was TWD 5,195.053 million compared to TWD 3,081.550 million a year ago. Net income was TWD 3,550.786 million compared to TWD 2,151.116 million a year ago. Basic earnings per share from continuing operations was TWD 9.47 compared to TWD 5.74 a year ago. Diluted earnings per share from continuing operations was TWD 9.42 compared to TWD 5.71 a year ago.
Giant Manufacturing Co Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of bicycles and related accessories. The Company's bicycle products consist of race bicycles, road bicycles, urban bicycles, mountain bicycles, folding bicycles, touring bicycles, sports bicycles, bicycles for women and children, as well as electric bicycles and others. The Company distributes its products mainly in the Americas, Europe, Asia, Taiwan and other markets.