Axman Enterprise Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 12, 2021 at 03:57 pm EDT
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Axman Enterprise Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was TWD 892.484 million compared to TWD 523.514 million a year ago. Operating income was TWD 27.286 million compared to operating loss of TWD 7.633 million a year ago. Net income was TWD 16.341 million compared to net loss of TWD 4.133 million a year ago. Basic earnings per share from continuing operations was TWD 0.62 compared to basic loss per share from continuing operations of TWD 0.17 a year ago.
Axman Enterprise Co Ltd is a Taiwan-based company mainly engaged in the manufacture of bicycle and parts, the manufacture, process, assembly and domestic and foreign sales of bicycle parts, as well as the treatment of bicycle surface. The main products are a complete portfolio of bicycle types, including shock absorbers, electric bicycles, road bikes, mountain bikes, snow bikes, other types of vehicles, components and newly developed and integrated electric bicycles and others. The Company sells products to the global bicycle market and provides after-sales service. The other types of vehicles include tri-rail cars, tractors, city cars, station wagons and single-speed cars. The Company mainly distributes its products in the Americas, Europe and Asia.