Samchuly Bicycle said on the 13th that it posted 76.7 billion won in standalone revenue and 2.1 billion won in operating profit for 2025. Compared with a year earlier, revenue rose 3% and operating profit increased 79%. The company said it achieved both top-line growth and improved profitability despite an economic downturn at home and abroad.
The earnings growth largely stemmed from steady sales of electric bicycles and conventional bicycles. The sports cycling brand "Apalanchia" logged a 47% year-over-year revenue growth rate, driving the overall results higher. Electric bicycles also continued to sell well as accumulated user experience highlighted strengths in quality reliability and after-sales service (AS) convenience.
Conventional bicycles regained attention as a rational option for leisure, recreation, and fitness amid high inflation, maintaining stable demand. The management efficiency strategy of CEO Cho Hyun-moon, appointed in Mar. last year, also supported the improvement in results.
A Samchuly Bicycle official said, "We enhanced product competitiveness based on long-held manufacturing know-how and maintained solid results even amid competition with Chinese brands waging low-price offensives." The official added, "We will lead the bicycle market's growth trend this year as well by launching competitive new products."