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25 Taiwan firms placed on Forbes 'Best Under A Billion list' in Asia

25 Taiwan firms placed on Forbes 'Best Under A Billion list' in Asia
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Bicycle makers' revenue surges amid global trend


Bicycle makers’ revenue surges amid global trend
ORDERS DOUBLED:
Delivery times for bicycle parts have increased, but large Taiwanese firms are in an advantageous position, an analyst said
By Chen Cheng-hui / Staff reporter
Taiwanese bicycle manufacturers reported robust revenue growth of 40 to 80 percent in the first two months of this year, with some hitting record highs for January and February, the companies’ data showed last week.
Solid growth momentum and strong orders amid the COVID-19 pandemic-driven bicycle boom would boost the industry’s revenue this quarter, analysts said.
Giant Manufacturing Co (巨大機械), Taiwan’s largest bicycle manufacturer, posted combined revenue of NT$12.19 billion (US$432.5 million) for January and last month, up 40.08 percent from the same period last year, which the company attributed to strong global demand for bicycles amid the pandemic. ....

T Ai Pei , Peggy Shih , Manufacturing Co , Topkey Corp , Merida Industry Co , Yuanta Securities Investment Consulting Co , Kuei Meng International Inc , Lee Chi Enterprises Co , Chen Cheng Hui , Specialized Bicycle Components , Meng International Inc , The Taipei Times , டி ஐ பேய் , பெக்கி ஷிஹ் , உற்பத்தி இணை , மெரிடா தொழில் இணை , கூயெ மெங் சர்வதேச இன்க் , லீ சி நிறுவனங்கள் இணை , சென் செங் ஹுய் , சிறப்பு மிதிவண்டி கூறுகள் , மெங் சர்வதேச இன்க் , தி தைப்பே முறை ,

《TAIPEI TIMES》 Bicycle makers' revenue surges amid global trend - 焦點


People ride bicycles in Taipei on Nov. 26 last year.
Photo: EPA-EFE
2021/03/15 03:00
ORDERS DOUBLED: Delivery times for bicycle parts have increased, but large Taiwanese firms are in an advantageous position, an analyst said
By Chen Cheng-hui / Staff reporter
Taiwanese bicycle manufacturers reported robust revenue growth of 40 to 80 percent in the first two months of this year, with some hitting record highs for January and February, the companies’ data showed last week.
Solid growth momentum and strong orders amid the COVID-19 pandemic-driven bicycle boom would boost the industry’s revenue this quarter, analysts said.
Giant Manufacturing Co （巨大機械）, Taiwan’s largest bicycle manufacturer, posted combined revenue of NT$12.19 billion （US$432.5 million） for January and last month, up 40.08 percent from the same period last year, which the company attributed to strong global demand for bicycles amid ....

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