Giant Group set further sales and profit records in 2020

For fiscal 2020, Taiwan’s largest bicycle manufacturer, Giant Group, reports total sales of 70.01 billion New Taiwan Dollars (€2.08bn-$2.45bn). This is an increase of 10.3 percent compared to the previous year. Rising global demand for both traditional and e-bikes also led to record profits. At TWD 4.95 billion (€147.29m-$173.43m), profit ...