Axman Enterprise Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 19, 2021 at 06:18 pm EDT
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Axman Enterprise Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,361.994 million compared to TWD 2,083.908 million a year ago. Operating income was TWD 41.236 million compared to TWD 75.628 million a year ago. Net income was TWD 25.801 million compared to TWD 53.859 million a year ago. Basic earnings per share from continuing operations was TWD 1.04 compared to TWD 2.18 a year ago. Diluted earnings per share from continuing operations was TWD 1.04 compared to TWD 2.17 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.
AXMAN ENTERPRISE CO., LTD. 
