Giant Profits Halved But Mid-Term Optimism Remains

Taipei, Taiwan Giant Group’s nett profits have halved in the first quarter of 2023, compared to the same period in 2022, the Taiwan-based company revealed in a financial report released last week. Its consolidated financial report for the 2023 first quarter shows the group’s nett profit after tax was NT$836 million (A$40.49 million), a decline…