Giant Sells 30% More Bikes in First Halfyear

TAICHUNG, Taiwan - Giant sold 3.61 million bikes in the first half of this year, up 32% from a year earlier. According to newspaper reports in Taiwan Giant Manufacturing Co. Ltd., reported consolidated sales for the six months that totaled US$ 873.87 million (€ 683.5 mn), up 14.4%, while the bike maker registered US$ 67.55 million (€ 51.3 mn) in pretax profit, up 0.9 percent year-on-year.