The global bicycle fever is on! This has helped Shuztung achieve robust shipments and a year-on-year revenue growth of 32% in September.

The global bicycle fever is on! This has helped Shuztung achieve robust shipments and a year-on-year revenue growth of 32% in September.

08 Oct, 2022

Shuztung (4537), a major manufacturer of critical process equipment, reported a September revenue of 266 million NT dollars, representing a YoY growth of 32.59%. The accumulated revenue for the first nine months of the year was 1.928 billion NT dollars, up 21.73% YoY. Shuztung attributed the strong revenue growth in September to buoyant shipments of bicycle-related equipment, which contributed to maintaining the company's growth performance YoY.