Is the spring of bicycles coming soon? Merida and Giant surge strongly
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After experiencing a lull, the stock prices of Merida and Giant have recently risen. Merida's stock price increased by over 7%, closing at NT$164, while Giant rose nearly 5%, closing at NT$148.5. Although inventory issues have eased in the third quarter of 2024, overall demand has not yet rebounded. Merida's revenue in December last year was NT$1.797 billion, a year-on-year increase of 17.6%; Giant's revenue was NT$4.11 billion, a year-on-year decrease of 1.43%. Looking ahead to 2025, both Giant and Merida hold an optimistic outlook for the European and American markets, but the prospects for the mainland China market still need to be observed
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