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Article Date: March 2017
Word Count: 103

Giant 2016 Net Slides on Lower Sales


Giant Manufacturing, the Taiwanese bike maker, saw net income decline 20% to NT$3.07 billion ($97.8 million) on revenues that were 6% lower at NT$53.09 billion ($1,690.8 million) on the downturn in the Chinese domestic market. U.S. sales slipped slightly in a very competitive market with high inventories leading to price promotions, ... Log in to view full article.

 


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