Today's Information

Provided by: IDEAL BIKE CORPORATION
SEQ_NO 1 Date of announcement 2022/08/11 Time of announcement 15:58:44
Subject 
 To clarify the news report
(Column A04 of Commercial Times).
Date of events 2022/08/11 To which item it meets paragraph 53
Statement 
1.Date of occurrence of the event:2022/08/11
2.Company name:Ideal Bike Corporation
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):Head office
4.Reciprocal shareholding ratios:N/A
5.Name of the reporting media:Column A04 of Commercial Times
6.Content of the report:The consolidated revenue of
 Ideal in July was NT$456 million, the annual growth
 rate is 22.14%, and consolidated revenue for the
first seven months was NT$2.885 billion, the annual
 growth rate is 22.91%.
Ideal also announced its first half financial report
 on the 10th, with net profit after tax of NT$167
million, twice as much as last year, and EPS of
 NT$0.56. Institutional investors said that the
second half of the year, it will enter into the peak
 season of bicycle shipment. Ideal's revenue this
year can reach NT$5.9 billion, EPS is expected to
break through NT$1.
7.Cause of occurrence:Clarification of the news report
 and email notice from TPEx.
8.Countermeasures:The Company didn't provide financial
 forecasts or any other predictable relevant
information. The contents of reporting were
speculations by the press and institutional investors.
 Investors are advised to refer to MOPS's announcement
 for financial information.
9.Any other matters that need to be specified:None

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Disclaimer

Ideal Bike Corporation published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 08:10:01 UTC.