On Nov 10th, Merida’s Board of Directors approved the consolidated results for the first nine months of 2020. With all major global markets in experiencing a sales boom this year, Merida’s sales have grown in all major markets, including Europe, USA and China. According to a statement released by the company, profit has increased as well. Nine-month earnings per share (EPS) was NT$9.75, up 52% compared with NT$6.39 a year earlier.
Merida also noted that due to the sales boom in global markets, the company has seen significant growth on both sales and profit for Q3. EPS for Q3 was NT$4.51, up 56% from the EPS of NT$2.88 a year ago.