Johnson Electric reported first-quarter business and operating data for the period ended March, with revenue of $936 million, up 2% year on year, according to Ming Pao. Revenue rose by $14 million due to favorable foreign-exchange movements.
Automotive products revenue reached $778 million, also up 2% year on year and flat excluding currency effects. Industrial products revenue increased 6% to $158 million, or 5% excluding foreign-exchange impact. Chairman Poonsum Wang said the group targets mid-single-digit growth this year.
Johnson Electric Q1 Revenue Rises 2% To $936 Million
2026-07-16 10:25:24
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
Ofcom Launches Investigation Into TikTok Child Safety ConcernsNext article:
Aer Lingus Looks to Cut 500 Jobs as Costs Rise