Giant Manufacturing Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 11:38 pm IST
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Giant Manufacturing Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 16,019.744 million compared to TWD 15,196.132 million a year ago. Operating income was TWD 1,305.292 million compared to TWD 1,053.615 million a year ago. Net income was TWD 1,038.746 million compared to TWD 818.086 million a year ago. Basic earnings per share was TWD 2.77 compared to TWD 2.18 a year ago. Diluted earnings per share was TWD 2.77 compared to TWD 2.17 a year ago. For the half year, sales was TWD 30,714.200 million compared to TWD 29,170.458 million a year ago. Operating income was TWD 2,333.548 million compared to TWD 1,701.972 million a year ago. Net income was TWD 1,722.621 million compared to TWD 1,075.958 million a year ago. Basic earnings per share was TWD 4.59 compared to TWD 2.87 a year ago. Diluted earnings per share was TWD 4.58 compared to TWD 2.86 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.