Giant Manufacturing Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022 at 04:03 pm EST
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Giant Manufacturing Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 25,869.07 million compared to TWD 19,945.9 million a year ago. Net income was TWD 2,006.31 million compared to TWD 1,281.15 million a year ago. Basic earnings per share from continuing operations was TWD 5.35 compared to TWD 3.41 a year ago. Diluted earnings per share from continuing operations was TWD 5.18 compared to TWD 3.4 a year ago. Basic earnings per share was TWD 5.35 compared to TWD 3.41 a year ago. Diluted earnings per share was TWD 5.18 compared to TWD 3.4 a year ago.
For the nine months, sales was TWD 70,874.3 million compared to TWD 61,935.69 million a year ago. Net income was TWD 5,630.85 million compared to TWD 4,831.93 million a year ago. Basic earnings per share from continuing operations was TWD 15.01 compared to TWD 12.88 a year ago. Diluted earnings per share from continuing operations was TWD 14.71 compared to TWD 12.82 a year ago. Basic earnings per share was TWD 15.01 compared to TWD 12.88 a year ago. Diluted earnings per share was TWD 14.71 compared to TWD 12.82 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.