HK Stock Market Move | JOHNSON ELEC H (00179) dropped more than 7%; the revenue in the first three quarters decreased by approximately 4 million US dollars. It is expected that the full-year revenue will be roughly similar year-on-year.

JOHNSON ELEC H (00179) fell more than 7%, dropping 7.24% to 28.44 Hong Kong dollars as of the time of publication, with a turnover of 160 million Hong Kong dollars. On the news front, on January 22, JOHNSON ELEC H announced that for the nine months ending December 31, 2025, the group's revenue was 2.726 billion US dollars, a decrease of approximately 4 million US dollars compared to the same period in the previous fiscal year of 2.73 billion US dollars. In addition, due to exchange rate fluctuations, the group's revenue increased by 40 million US dollars. During the reporting period, revenue from the automotive product group was 2.301 billion US dollars, a decrease of 14 million US dollars or 1% compared to the same period in the 24/25 fiscal year. Excluding the impact of foreign exchange, revenue from the automotive product group decreased by 49 million US dollars or 2%. Dr. Wang Suizhong, Chairman and CEO, commented on the group's sales performance and short-term outlook, stating that Johnson Electric's revenue for the current fiscal year remains stable, reflecting a soft overall macroeconomic environment, as well as high uncertainty related to geopolitical and US trade policy. Based on current trading conditions and customer orders, it is expected that the group's revenue for the full year will be roughly similar to last year.