HONG KONG, CHINA — (Marketwired) — 07/11/17 — This news release is made by ("Johnson Electric" or the "Company") (HKSE: 179) for the business operations and selected unaudited financial information of the Company and its subsidiaries (the "Group") for the quarter ended 30 June 2017.The Board of Directors of the Company considers the publication of quarterly performance updates to be consistent with international corporate disclosure best practice. The objective
HONG KONG, CHINA — (Marketwired) — 03/21/17 — ("Johnson Electric") (HKSE: 179) today announced that it has signed a definitive agreement to acquire an additional 50% equity interest in Halla Stackpole Corporation ("HSC") for Korean Won 93.9 billion (approximately US$83.8 million).Established in 2008, HSC is a joint venture between Halla Holdings Corporation ("Halla Holdings") of Korea and Stackpole International. Since the acquisition of Stackpole International
HONG KONG, CHINA — (Marketwired) — 11/09/16 –Group sales increased to US$1,367 million – up 34% compared to the first half of the prior financial year. Excluding the impact of acquisitions and foreign exchange rate changes, sales increased by 6%EBITDA as reported increased 38% to US$225 million or 16.5% of sales (16.0% in prior year)Operating profit increased 29% to US$148 million or 10.8% of sales (11.2% in prior year)Net profit attributable to shareholders up 23% to US$121 million or 13.69
HONG KONG, CHINA — (Marketwired) — 02/04/16 — ("Johnson Electric") (HKSE: 179), a global leader in electric motors and motion subsystems, today announced that it has signed a binding offer to acquire AML Développement, which is the holding company of AML Systems ("AML"). AML is a leading supplier of active modules for vehicle headlamp systems. Under the terms of the offer which is in the form of a "put" option agreement, subject to the selling shareholde
HONG KONG, CHINA — (Marketwired) — 07/08/15 — This news release is made by ("Johnson Electric" or the "Company") (HKSE: 179) for the business operations and selected unaudited financial information of the Company and its subsidiaries (the "Group") for the quarter ended 30 June 2015.The Board of Directors of the Company considers the publication of quarterly performance updates to be consistent with international corporate disclosure best practice. The objective
HONG KONG, CHINA — (Marketwired) — 11/04/14 — (HKSE: 0179)Highlights of 2014/15 Interim ResultsFor the six months ended 30th September 2014, total sales amounted to US$1,080 million — up 4% compared to the first half of the prior financial yearGross profit margin increased to 30.2% from 29.6%EBITDA US$171.8 million, compared to US$170.5 million previouslyOperating margin declined from 12.1% to 11.6% reflecting, in part, higher costs associated with the expansion of the Group–s manufacturi
