Reported 11 months ago
According to Wang Shu-yi's report from Taipei on June 26, 2024, at 4:10 pm, Merida's recent consolidated revenue has begun to rise, with analysts forecasting that Merida's EPS for the second quarter of 2024 is expected to rise to 2.50 yuan. Due to the completion of customer inventory adjustments and entering the peak season for shipments, bike manufacturer Merida (9914) and garment OEM factory Suntac (1477) have recently gained favor among analysts. Merida's performance is expected to significantly improve, with an estimated EPS of 9.4 yuan for 2024 and 12.08 yuan for 2025. Suntac's revenue in May reached 2.71 billion yuan, with a monthly increase of 21.4% and a year-on-year increase of 16.6%, setting a new high for the same period, and its revenue is expected to continue to rise in June.
Source: YAHOO