Merida Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 03:54 pm EDT
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Merida Industry Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 27,072.342 million compared to TWD 28,243.214 million a year ago. Operating income was TWD 1,884.222 million compared to TWD 1,710.826 million a year ago. Net income was TWD 3,993.317 million compared to TWD 2,502.443 million a year ago. Basic earnings per share was TWD 13.36 compared to TWD 8.37 a year ago. Diluted earnings per share was TWD 13.27 compared to TWD 8.33 a year ago.
MERIDA INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and trading of bicycles. The Company is also involved in the trading of electric bicycles, bicycle frames and related components. The Company operates through three segments. The Domestic segment is engaged in the manufacture and sales of products in Taiwan. The Asia segment is engaged in the manufacture and sales of products in China and Hong Kong. The Europe segment is engaged in the sales of products in Europe.
MERIDA INDUSTRY CO., LTD. 
