‘OEM rebound’ fuels Giant Group revenue growth
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‘OEM rebound’ fuels Giant Group revenue growth
TAICHUNG, Taiwan (BRAIN) — Giant Group says a “significant rebound in OEM orders” fueled a 4.9% increase in group revenues in the first quarter compared to the same quarter last year. The company had revenue of NT$16.85 billion ($550 million) in the quarter, up from NT$16.06 billion last year. Gross margin rate was 17.8% and operating profit was NT$0.42 billion, a decrease of 21.7%. Net profit after tax totaled NT$0.37 billion, reflecting a ye…
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