Favorable exchange rates allowed Giant Manufacturing to raise its sales by 3.5 percent to 13.24 billion Taiwanese dollars (€345m-$448m), and they pushed up its net income by 32.7 percent to TWD886 million (€23m-$30m). U.S. sales were negatively affected by unfavorable weather conditions. European sales were flat due to abnormal weather and economic factors. Sales of Giant branded products in mainland China went up by 30 percent, and the company has added an assembly line at its Kunshan plant to raise its capacity by 1.3 million units to meet the rapidly growing demand from that market. Sales in Taiwan and South Korea were strong.

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