Merida Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 5,255.621 million compared to TWD 5,574.733 million a year ago. Operating income was TWD 357.209 million compared to TWD 290.911 million a year ago. Net income was TWD 470.431 million compared to TWD 478.925 million a year ago. Basic earnings per share was TWD 1.57 compared to TWD 1.6 a year ago.