Giant Group Ekes Out Another Sales Increase in August Against Easy Comps

September 10, 2024

The Giant Group saw its year-over-year sales picture improve for the second month in a row in August. The Taiwan-based bike manufacturer reported a 2.0 percent year-over-year increase in sales for the month to NT$6.86 billion. The increase was more moderate than the 16.6 percent increase in July. Still, it was good news as the company faces easier comparisons against an ugly fall shipping period last year.

The small increase easily comped against a 22.9 percent decline in August last year when sales were NT$6.72 billion. Though it was a small gain, it is still an improvement from the 7.4 percent decline year-to-date. SGB Media