Giant OE Business Up 30%

  • Monday, Aug 11, 2025
  • Wheel Giant
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Giant OE Business Up 30%

Giant Group announced its 2025 first-half financial results on August 8, reporting consolidated revenue of NT$32.61 billion. Impacted by the stronger New Taiwan dollar, revenue fell 12.4% year-on-year, with a gross margin of 19.1% and net profit after tax of NT$560 million, down 66.7%. Earnings per share (EPS) were NT$1.42.

The Group’s ongoing inventory reduction has brought stock levels back to healthy pre-2019 levels, improving operational flexibility and capital efficiency.

Q2 Results Affected by Currency Fluctuations

Second-quarter revenue reached NT$15.75 billion, down 25.6% year-on-year, with a gross margin of 20.4% impacted by own-brand spring promotions and exchange rate volatility. Net profit after tax was NT$190 million, with EPS at NT$0.48. Excluding foreign exchange losses, EPS would have been NT$1.07.

OEM Growth Defies Market Trends

In the first half, OEM business grew nearly 30% year-on-year, driven by recovering demand in Europe. For own-brand sales, China remained conservative due to a high base last year, the U.S. faced headwinds from tariffs and economic conditions, while Europe showed moderate recovery.

Sports Marketing Success

At the 2025 Tour de France, Ben O’Connor of Team Jayco AlUla, riding the Giant Propel with CADEX wheels, claimed victory in the prestigious Stage 18 Queen Stage. In the women’s category, Liv AlUla Jayco secured a Stage 2 win, showcasing the superior performance and global leadership of the Group’s brands.

Global Footprint for Competitive Advantage

With manufacturing bases in Taiwan, China, the Netherlands, Hungary, and Vietnam, Giant’s flexible production network enables quick responses to changes in global trade and tariffs, strengthening its competitive edge.

Looking ahead, Giant Group noted that global inventory reduction efforts have delivered results. Despite macroeconomic challenges, the Group will continue leveraging its strong brand equity and short supply chain advantages to optimize operations, drive sustainable growth, and deliver premium products and services to consumers worldwide.


Photo: Giant