Giant Manufacturing Co. Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 01:14 am IST
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Giant Manufacturing Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 16,249.500 million compared to TWD 14,922.275 million a year ago. Sales was TWD 16,249.500 million compared to TWD 14,922.275 million a year ago. Operating income was TWD 1,347.722 million compared to TWD 893.632 million a year ago. Net income was TWD 981.055 million compared to TWD 719.473 million a year ago. Basic earnings per share was TWD 2.62 compared to TWD 1.92 a year ago. Diluted earnings per share was TWD 2.61 compared to TWD 1.91 a year ago. For the nine months, total revenue was TWD 45,419.958 million compared to TWD 41,949.923 million a year ago. Sales was TWD 45,419.958 million compared to TWD 41,949.923 million a year ago. Operating income was TWD 3,049.694 million compared to TWD 2,551.506 million a year ago. Net income was TWD 2,057.013 million compared to TWD 1,913.014 million a year ago. Basic earnings per share was TWD 5.48 compared to TWD 5.1 a year ago. Diluted earnings per share was TWD 5.45 compared to TWD 5.07 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.