Giant Bicycle reports a 9.8 percent decline in consolidated net...

2011-09-26T00:00:00

Giant Bicycle reports a 9.8 percent decline in consolidated net income to 1.42 billion Taiwan dollars (€34.3m-$46.3m) for the first half of its financial year, ended June 30. Revenues increased by 6.6 percent to NT$22.8 billion (€550.8m-$744.1m), but the pre-tax profit fell by 4.2 percent to NT$2.05 billion (€49.5m-$66.9m).

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