Giant Group (TWSE: 9921) reported third-quarter 2026 consolidated revenue of NT$16.31 billion, up 6.2% year over year, on November 9. Operating profit increased 29% to NT$510 million, marking the group's second consecutive quarter of year-over-year revenue growth.

For the first nine months of 2026, consolidated revenue totaled NT$45.5 billion, down 5.1% year over year, with the rate of decline narrowing from the first half. Operating profit increased 4.7% to NT$1.32 billion. Net profit after tax was NT$765 million, with earnings per share (EPS) of NT$1.96.

Third-quarter gross margin improved to 23.9%, compared with 21.5% in the same period last year.

Giant Group said strong sales of new model-year flagship models sustained momentum in its own-brand business. Sales in Europe and China grew year over year during the first nine months, supported by new product launches, while demand in North America remained relatively soft amid macroeconomic pressures and inflation.

Strong sales of higher-value new products under the Group's own brands, together with no need for clearance discounting this year, improved overall gross margin and profitability during the first nine months.

OEM performance remained relatively soft during the first nine months, primarily due to a high comparison base following concentrated shipments of deferred orders in the prior year, as well as lower shipments to the United States. Increased contributions from the higher-margin own-brand business helped offset fluctuations in OEM operations.

Giant Group said it would continue to focus on strengthening profitability, improving operational efficiency and driving growth. The Group will respond prudently to changing regional market conditions and leverage product innovation and supply chain flexibility to capture opportunities arising from the market recovery.

Photo: Giant Group