Johnson Electric's Fiscal Q1 Sales Drop 2%

MT Newswires Live

07/16

Electro-mechanical component firm Johnson Electric (HKG:0179) recorded sales of $915 million in the first quarter, down 2% from $935 million a year prior, a Wednesday Hong Kong bourse filing said.

Sales from the automotive products group fell 3% to $765 million in the first fiscal quarter, while those from the industry products group rose 2% year over year to $150 million.

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