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Johnson Electric Holdings (00179) is expecting profit attributable to shareholders of 50 million US dollars to 58 million US dollars for the medium term to decrease 56% to 62% year over year
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According to the Zhitong Finance App, Johnson Electric Holdings (00179) issued an announcement. According to the Group's preliminary assessment of unaudited comprehensive management accounts for the six months ended September 30, 2026, Johnson Electric's total turnover is expected to be roughly similar to the figures reported for the same period last year.

However, profit attributable to shareholders is currently expected to be between 50 million US dollars and 58 million US dollars. Compared with the net profit of 133 million US dollars shown in the report for the same period last year, it will be reduced by about 75 million US dollars to 83 million US dollars, or 56% to 62%.

This performance is mainly affected by a number of factors. The Group's sales and costs are denominated in multiple currencies and are therefore subject to foreign exchange risk. Compared to the same period last year, a significant portion of the decrease in net profit was due to foreign-related effects. Significant foreign exchange earnings were achieved in the same period last year, and the same profit was not achieved for the six months ended September 30, 2026. The overall impact of foreign exchange over the two periods is estimated to have reduced net profit by about 49 million US dollars to 55 million US dollars compared to the same period last year.

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