Merida announced EPS NT$5.72 and cash dividend NT$3.5 for 2018
As the China bicycle market continued to be sluggish in 2018, Merida’s sales in domestic China market was down from the previous year. However, the sales of traditional bikes and e-bikes to Europe and the US markets were up by 18% and 54% respectively. Overall, the sales to global market was down by 7% on quantity but up by 15% on revenue. The profit in 2018 was significantly better than the previous year due to the good sales and stable currency exchange rates. The net profit was NT$2.62 billion, 153% higher from the prior year. The 2018 financial statement was...
KTM BIKE INDUSTRIES BRINGS AUSTRIAN TECHNICAL ART TO 2019 TAIPEI CYCLE SHOW
In autumn 2018, the UCI Road World Championships 2018 was held in Innsbruck/Tirol in Austria. For that reason, the two famous Austrian companies, KTM Bike Industries and Swarovski Kristallwelten (Swarovski Crystal Worlds) teamed up and created a fusion of their competences. The outcome of the fusion were 2 crystalized aero road bikes: the black orange Revelator Lisse Prestige with 8,000 crystals and the black Revelator Lisse Master with 12,000 crystals. The crystallised Revelator Lisse Prestige was donated to the 2018 Austrian Charity Gala Licht ins Dunkel ("light into the dark") and has been auctioned off for the good cause for an amount...