Merida has released its financial statement for the first half of 2107. While total sales revenue for the entire group was down by 7% YOY at NT$12,129 million (approx. US$ 400 million), profits nosedived by nearly 50% YOY to NT$447.32 million (approx. US$ 14.76 million).
Shimano has released its Q3 2017 financial results which show that global net sales of the company's bicycle division products grew slightly by 1.8% to 196 billion yen (approx. US$1.7 billion) in the first nine-months of 2017
