Industry Titbits
Industry News
-
Merida’s H1 2025 Operations Remain Stable with EPS of NT$2.72
Merida Industry Co., Ltd. (TWSE: 9914) today announced that its consolidated financial results for the first half of 2025 were approved by the Board of Directors on August 13, 2025. Group operations in 1H 2025 remained generally stable. Although the parent company’s standalone revenue reached NT$9.71 billion, representing a 19.0% increase from 1H 2024, and subsidiaries and investments in Europe and the U.S. turned from loss to profit, overall profitability was tempered by softer demand in the China market and the depreciation of the U.S. dollar. Consolidated group revenue for 1H 2025 totaled NT$14.57 billion, down 3.9% year-over-year. After consolidation,... 2025-08-14
-
Eurobike 2026: New Concept to Strengthen the Leading Trade Fair – More Compact, More Focused, More Economical
Trade fair duration shortened: Eurobike and Mobifuture to take place in Frankfurt from Wednesday to Saturday, June 24-27, 2026 – New participation models reduce costs – Eurobike focus on sport, everyday mobility and trade audience – Clear differentiation from the vehicle segment of Mobifuture Friedrichshafen/Frankfurt am Main – Fairnamic GmbHֹ’s trade fair organizers are reacting to the changed general conditions in the global bicycle industry and are strategically realigning Eurobike 2026. The aim of the much more compact and cost-effective trade fair platform is to consolidate the leading international trade fair function in the world’s most important sales market for... 2025-07-30
-
Merida Holds Shareholders’ Meeting, Approves 2024 Dividend Distribution of NT$4.0 per Share with Faith in the Market Outlook.
Merida held its Annual Shareholders’ Meeting on June 25, 2025, and approved the 2024 earnings distribution proposal. Despite posting a net loss for the year due to non-operating factors, the company resolved to distribute a cash dividend of NT$4.0 per share, reflecting confidence in the long-term prospects of the bicycle market, supported by steady growth in its core business. In 2024, Merida’s gross margin from operations remained stable, and revenue returned to a growth track, reaching NT$29.6 billion - an increase of 8.7% compared to the previous year. As market demand gradually recovered, operating profit from core business amounted to... 2025-06-25
-
From Vietnam to Europe: ASTRO TECH Builds a New Global Manufacturing Base
In response to rapid global market shifts, ASTRO is accelerating its international production expansion. The new Phu Chanh manufacturing factory, located in Vietnam, officially broke ground on June 10, 2025, and is scheduled to begin mass production in Q4 2026. This strategic milestone marks ASTRO’s next step toward smart manufacturing and sustainable development. The Vietnam factory, covering 68,000 square meters, is dedicated to aluminum bicycle frame production, with an estimated annual capacity of 800,000 units. The project’s total investment of USD 30 million, including USD 20 million allocated to building an ESG-compliant factory that meets LEED green building standards, balancing... 2025-06-11
-
GW Limiter Headset Wins the Prestigious Taipei Cycle d&i Awards 2025
GW is thrilled to announce that the innovative Limiter Headset has been honored with the prestigious Taipei Cycle d&i Awards 2025, recognizing its thoughtful design, practical functionality, and contribution to sustainable mobility. The GW Limiter Headset addresses common design challenges found in existing limiter headsets on the market. By resolving issues such as the need for custom tools or parts and installation difficulties, it provides a practical and durable solution for modern bike designs. With its steering stop options up to 150°, impact-absorbing plastic limiter, and smooth clamping mechanism, the Limiter Headset is particularly well-suited for e-bikes and other bike... 2025-03-14