Johnson Electric Holdings (00179)'s revenue for the first quarter was US$936 million, up about 2% year over year

According to the Zhitong Finance App, Johnson Electric Holdings (00179) announced that for the three months ended June 30, 2026, the Group's turnover was US$936 million, up about US$21 million, or 2%, compared with US$915 million in the same period of the previous fiscal year. During the period, thanks to favorable exchange rate changes, the Group's turnover increased by US$14 million.

For the three months ended June 30, 2026, the automotive product group's turnover was US$778 million, up US$13 million or 2% from the same period in fiscal year 25/26. Excluding foreign exchange effects, the turnover of the automotive product category remained roughly the same.

For the three months ended June 30, 2026, the turnover of the Industrial and Commercial Products Group was US$158 million, an increase of US$8 million or 6% over the same period of the previous fiscal year. Excluding foreign exchange effects, the turnover of the industrial and commercial product group increased by 7 million US dollars, or 5%.

Chairman's comments and outlook on sales performance: “The Group's revenue for the first quarter increased moderately in accordance with reporting benchmarks, mainly due to favorable exchange rate changes. Looking ahead, market visibility is still limited as the macroeconomic environment, geopolitical situation and trade tariff policy prospects remain uncertain, and customers continue to be cautious in purchasing and investment decisions. However, with plans to launch new products covering various fields such as automobiles, consumer goods and industrial applications, and anticipation of further market share expansion with several major customers, the Group is still aiming to achieve mid-single digit growth throughout the year.

In the medium to long term, the Group remains confident about growth prospects and will continue to benefit from continued investment in innovative technology and an expanding portfolio of growth platforms, including distributed power generation systems, advanced thermal management, liquid cooling systems, and components and subsystems for applications such as humanoid robots. The Group is continuing to explore new business opportunities in multiple growth areas, and is investing in technology research and development and increasing operating capacity to meet the needs of future customers. Although these fields have attractive long-term development opportunities, the speed of development and commercial application will still be affected by factors such as customer project progress and market environment.”