Merida Industry Co Ltd operates in the Motorcycles, bicycles, and parts sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Merida Industry Co Ltd with three other
motorcycle manufacturers in Asia:
Yadea Group Holdings Ltd
of Hong Kong
sales of 7.77 billion Hong Kong Dollars [US$994.09 million]
Sanyang Industry Company Limited
(35.45 billion Taiwanese Dollars [US$1.20 billion]
of which 79%
was Taiwan Department), and
Zhejiang Qianjiang Motorcycle Co Ltd
based in China
(2.20 billion Chinese Renmimbi [US$342.57 million]
of which 93%
Merida Industry Co Ltd reported sales of 22.90 billion Taiwanese Dollars (US$774.76 million)
December of 2016.
decrease of 18.5%
versus 2015, when the company's sales were 28.09 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 38.4% decline
in Asia, from 7.35 billion Taiwanese Dollars to 4.53 billion Taiwanese Dollars.
There were also decreases in sales in
Domestic (down 15.3% to 15.63 billion Taiwanese Dollars)
However, these declines were partially offset by the increase in sales of
Europe (up 20.1% to 2.74 billion Taiwanese Dollars)