Merida's Q1 Net Profit Down 20%, EPS NT$1.09
NQ Score
0/100
N1 Content Completeness
0
AI Summary (NQ-processed)
Bicycle manufacturer Merida's Q1 financial results show consolidated revenue of NT$5.3 billion and net profit of NT$330 million, with EPS of NT$1.09. Revenue and profit decreased by 30% and 22% year-on-year respectively due to a high base period. The European market is showing signs of recovery with new product launches.