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Johnson Electric reports Business and Unaudited Financial Information for the Third Quarter of Financial Year 24/25

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HONG KONG SAR – Media OutReach Newswire – 15 January 2025 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the nine months ended 31 December 2024.

The Group’s sales for the nine months ended 31 December 2024 were US$2,730 million compared to US$2,871 million for the same period in the previous financial year, a decrease of 5%. Exchange rate movements had an unfavourable impact of US$11 million on the Group’s sales during the period.

Sales of Automotive Products Group (“APG”)

APG’s sales for the nine months ended 31 December 2024 were US$2,314 million, a decrease of US$108 million compared to the same period in financial year 23/24. Excluding currency effects, APG’s sales decreased by US$97 million or 4%.

The division’s sales changes by region, excluding currency effects, were as follows:

Nine months ended
31 December 2024
Asia-Pacific 2% Decrease
Europe, Middle East and Africa 5% Decrease
Americas 5% Decrease
Total 4% Decrease

In Asia-Pacific, sales decreased by 2% while light vehicle production in the region declined by 1%. The drop in light vehicle production, coupled with a less favourable customer mix, led to lower sales of products for closure and braking, and powder metal components. However, this was largely offset by increased sales of oil pumps and products for steering. In Europe, the Middle East and Africa (“EMEA”), sales decreased by 5% compared to a 7% decline in light vehicle production in the region. Sales of oil pumps and products for vision, thermal management and steering decreased, reflecting the drop in light vehicle production. This decline was partially offset by increased sales of products for seats and transmissions. In the Americas, sales decreased by 5% while light vehicle production declined by 1%. Sales of products for thermal management and seat applications as well as powder metal components decreased due to weak demand from certain customers, and some programs reaching end of life. This decline was partially offset by increased sales of products for steering, transmission and closure applications.

Sales of Industry Products Group (“IPG”)

IPG’s sales for the nine months ended 31 December 2024 were US$416 million, a decrease of US$33 million or 7% compared to the same period in the previous financial year. Currency effects were negligible.

IPG’s end markets remained weak as the business continued to face headwinds driven by consumer caution in discretionary spending and a growing preference for affordable options from value-oriented brands. This shift has increased price competition in certain IPG product segments, where commoditization has led to cost taking precedence over functionality and reliability in purchasing decisions.

The sales changes for IPG by region, excluding currency effects, were as follows:

Nine months ended
31 December 2024
Asia-Pacific 9% Increase
Europe, Middle East and Africa 12% Decrease
Americas 15% Decrease
Total 7% Decrease

In the Asia-Pacific region, sales increased mainly because key customers placed replenishment orders after the depletion of prior inventory surpluses, as well as due to some new business wins. However, this growth was more than offset by a decline in sales in the EMEA and Americas regions, attributed to the previously noted soft end market demand.

Chairman’s Comments on Sales Performance and Outlook

Commenting on the Group’s sales performance and near-term outlook, Dr. Patrick Shui-Chung Wang, Chairman and Chief Executive, said: “Johnson Electric’s sales for the financial year to date have been negatively impacted by lacklustre global light vehicle production volumes and soft consumer demand and price competition in several other manufactured product segments. There is an exceptionally high level of uncertainty concerning the macroeconomic environment that is weighing on consumer sentiment and has led to several customers deferring plans for new product launches.

“Looking ahead, the fourth-quarter sales trajectory remains influenced by the macroeconomic challenges experienced in the previous quarters of the year, compounded by the effects of the Chinese Lunar New Year holidays. Consequently, we presently anticipate Group sales for the full year to be a mid-single-digit percentage lower than the level achieved in the prior year.”

Dr. Wang added: “In view of the uncertainty concerning the prospects for global trade and investment in the year ahead, management is focused on tight cost control and maintaining the Group’s conservative balance sheet profile.”

Cautionary Statement

Shareholders and potential investors in the Company are reminded that the information provided in this news release, including information related to the expected outlook for the full year, is based on the Group’s unaudited internal records and management accounts. This information has not been reviewed or audited by the Company’s auditors.

Shareholders and potential investors should exercise caution when dealing or investing in the shares of the Company.
Hashtag: #JohnsonElectric

The issuer is solely responsible for the content of this announcement.

About Johnson Electric Group

The Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components. It serves a broad range of industries including Automotive, Smart Metering, Medical Devices, Business Equipment, Home Automation, Ventilation, White Goods, Power Tools, and Lawn & Garden Equipment. The Group is headquartered in Hong Kong and employs over 30,000 individuals in 22 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For further information, please visit: .

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Sincere Healthcare Group and Landmark Medical Centre Unite to Strengthen Cross-Border Patient Care Between Singapore and Johor Bahru

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Integration improves access and continuity of specialist care across Singapore–Malaysia border

SINGAPORE –

For patients, this integration translates into a more coordinated and reassuring healthcare experience — particularly for those who travel between Singapore and Johor Bahru for consultations, treatment, follow-up care or second opinions. It reflects a broader regional focus on enabling care closer to home while maintaining high clinical standards and specialist access.

Shared Medical Heritage, Aligned with Patient-Centred Care
Both Sincere and Landmark were founded by clinicians who believe that good medicine begins with ethics, compassion and respect for patients. Landmark’s clinical foundation was established by Dr Robert Luk Tai Kong and continues under the leadership of Dr Lucas Luk, Managing & Medical Director, who has guided the centre’s steady growth while preserving its patient-first ethos.

Sincere Healthcare Group was founded by Prof Ng Soon Chye, a pioneer in fertility medicine whose contributions helped shape Assisted Reproductive Technologies (ART) in the region. Today, Sincere has grown into a multi-centre healthcare group providing obstetrics and gynaecology, women’s and men’s health, fertility care, minimally invasive and robotic gynaecological surgery, and colorectal services.

“Landmark has always focused on specialised care delivered with personal attention and clinical integrity,” said Dr Lucas Luk. “Integrating with Sincere allows us to expand our specialist support while preserving what patients value most — trust, familiarity and continuity of care.”

Supporting Seamless Cross-Border Care
Cross-border healthcare has become increasingly relevant as patients seek timely access, specialist expertise and flexible care options. This integration strengthens a clear, coordinated care pathway between Singapore and Johor Bahru, aligning with broader healthcare strategies that encourage collaboration, efficiency and patient mobility across the region.

Landmark’s central location in Johor Bahru near the Woodlands entry point, combined with Sincere’s presence near Tuas, allows patients to move more easily between care settings. Services in obstetrics and gynaecology, fertility treatment, and women’s and men’s health are now better connected across the two networks.

“Our focus has always been on how patients experience care,” said Ms Koh Lee Lee, Group Chief Executive Officer of Sincere Healthcare Group. “This integration supports a more holistic and connected approach, allowing patients to receive appropriate care at the right place and time, across Singapore and Malaysia.”

Expanding Care While Preserving Trust
Importantly, Landmark Medical Centre will continue operating under its established name, care teams and clinical philosophy. Patients can expect the same familiar doctors and environment, now supported by a broader specialist network, shared clinical standards and enhanced collaboration within the Sincere group.

“Medicine should always be guided by what is right for patients,” said Prof Ng Soon Chye, Medical Chairman of Sincere Healthcare Group. “By working together, we can strengthen care pathways, share expertise and support better outcomes for the people who trust us with their health.”

Looking Ahead
The integration represents a meaningful step in building sustainable, patient-centred healthcare capacity across the Singapore–Malaysia corridor. Continued investment in medical programmes, technology and specialist collaboration will support long-term care needs while complementing national healthcare priorities focused on quality, access and continuity.

For patients, the message remains simple: more access, more expertise and the same commitment to compassionate, ethical care — now delivered through a more connected cross-border healthcare network.Hashtag: #sincerehealthcaregroup #landmarkmedicalcentre #crossborderhealthcare #womenshealth #menshealth #obgyn #gynaecology #singaporehealthcare #johorbahruhealthcare #SGhealthcare #JBhealthcare #SingaporeMalaysia #integratedcare #specialistcare #continuityofcare





The issuer is solely responsible for the content of this announcement.

Sincere Healthcare Group Pte Ltd

Sincere Healthcare Group is a private healthcare network in Singapore and Malaysia specialising in obstetrics and gynaecology (O&G), reproductive medicine, fertility care, and advanced women’s and men’s health services. Its centres provide comprehensive programmes including IVF, andrology, prenatal care, diagnostics, minimally invasive surgery and women’s health screening. Supported by experienced specialists, modern laboratories and technology-enabled systems, Sincere serves local and international patients seeking ethical, evidence-based care. Its portfolio also includes colorectal conditions, endoscopy, colonoscopy and laparoscopic surgical services. Expanding its regional presence, Sincere has established a Patient Liaison Centre in Shanghai, China, to support patients seeking fertility consultations and coordinated cross-border care.

Landmark Medical Centre Sdn Bhd

Landmark Medical Centre is a well-established healthcare provider in Johor Bahru, founded in 2005 and recognised for its trusted legacy, strong clinical leadership, and commitment to patient-centred care. It offers multidisciplinary services with core strengths in women’s health, obstetrics and gynaecology, surgical care, and general health services. Guided by medical integrity and long-standing community relationships, Landmark continues to deliver quality medical care supported by experienced clinicians and modern clinical facilities.

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Japan’s Largest Anime Specialty Store Lands in Hong Kong – Animate Hong Kong’s Mong Kok Direct Store Officially Opens Today

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HONG KONG SAR – Media OutReach Newswire – 23 December 2025 – Japan’s largest anime merchandise specialty store, Animate, officially opened today (December 23) in Mong Kok, returning to Hong Kong in a direct operation format. The new store is located on the fourth floor of the popular shopping mall, T.O.P This is Our Place, providing local and overseas anime fans with a more complete synchronized shopping experience from Japan.

Store in a Prime Location in Mong Kok, Easily Accessible via Subway

The new Animate Hong Kong is situated on the fourth floor of T.O.P, directly connected to Mong Kok MTR Station for convenience. Since Mong Kok is a gathering place for local trend culture and young consumers, it was chosen as the location for Hong Kong’s first direct-operated store.

Introduced Direct Operation Model from Japan for More Comprehensive New Products
The Hong Kong store operates under a direct management model from the Japanese headquarters, significantly upgrading product supply, including:

  • Faster availability of Japan’s latest anime peripherals, manga, and audiovisual products.
  • Many products can be launched simultaneously with Japanese stores.
  • A more stable supply of limited items and store exclusive bonuses.

The Animate direct-operated store can considerably shorten the time difference in launching new products, offering a shopping experience closer to that of Japanese stores.

Launching Limited-Time Offers and Activities for Opening
To celebrate the opening, Animate Hong Kong is offering several locally exclusive shopping privileges and opening events, including:

  • Commemorative opening limited offers.
  • Elegant gifts based on spending amounts.
  • Thematic exhibitions of selected works.
  • Limited-time collaborative projects.

More information about the activities will be announced on the official X, Facebook, and Instagram accounts.

The brand hopes that the new store can become a communication hub for Hong Kong anime fans and attract more local and overseas visitors.

【Store Information】

Hashtag: #Animate

The issuer is solely responsible for the content of this announcement.

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Dhanarak Asset Development Unveils Thailand’s First Green Government City at Government Complex Bangkok

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BANGKOK, THAILAND – Media OutReach Newswire – 23 December 2025 – Dhanarak Asset Development Co., Ltd. (DAD), the state-owned enterprise responsible for managing Thailand’s Government Complex, has announced the successful transformation of the site into a pioneering green and walkable urban prototype, positioning it as a model for sustainable government-led city development.

City of Green Lifestyles by Dr. Nalikatibhag Sangsnit

Under the leadership of Dr. Nalikatibhag Sangsnit, President of DAD, the multi-year redevelopment program reimagines state-owned land, one that treats public land not as a bureaucratic perimeter, but as shared civic infrastructure that prioritizes people, health, and nature.

Dr. Nalikatibhag Sangsnit, DAD’s President
Dr. Nalikatibhag Sangsnit, DAD’s President

“For decades, government districts in Thailand were designed to manage paperwork, not people,” Nalikatibhag said. “We wanted to reverse that logic. A city, especially a city owned by the state, must first work for human life: how people walk, how they rest, how they breathe, and how they coexist with nature in their daily routines.”

Before-and-after comparison of Government Complex Bangkok after its green redevelopment
Before-and-after comparison of Government Complex Bangkok after its green redevelopment

From Bureaucratic Grey to Green Living

The centrepiece of the initiative is the newly opened 5.1-rai landscaped connector between Buildings B and C, a site that once functioned primarily as a traffic corridor and noise buffer. The area has been transformed into a pedestrian-friendly green passage linking offices, transit access points and communal spaces within the Government Complex.

Designed as urban infrastructure, a climate buffer reduces heat, improves water absorption and supports daily movement across the site. It also opens previously restricted government land to wider public use, blurring the boundary between administrative space and the city around it.

The project aligns with Thailand’s broader sustainability frameworks, including environmental, social and governance (ESG) principles and the government’s bio-circular-green (BCG) economic model. Design features focus on expanding tree canopy, increasing permeable surfaces and creating flexible areas that can support exercise, informal gatherings and community activity.

A Scalable Blueprint for State-Led Urban Transformation

Over the past six years, DAD has increased green spaces within the Government Complex by more than 47 rai, and when combined with adjacent landscaped zones, the total reaches over 138 rai, creating one of northern Bangkok’s largest continuous public green areas.

Nalikatibhag describes the City of Green Lifestyles concept not as a one-off redevelopment, but as a template for future public-sector land use, particularly in rapidly urbanising Asian cities where governments remain among the largest landowners.

“This is about proving that sustainability is not an added cost or a branding exercise,” he said. “When green infrastructure is designed as part of the system, when it improves health, reduces stress, lowers energy demand and invites public use, it becomes economically rational and socially inevitable. The role of the state is not only to regulate cities, but to set an example of how cities should be lived in.”

Global Recognition for Innovation

DAD’s sustainability efforts have earned international acclaim. In 2025, the company became the only public-sector organisation to win the Asia-level International Innovation Awards for two consecutive years, recognising its Government Complex Smart City initiative and the GCC Super Application, a digital platform integrating transport, navigation, and public services within the complex.

The awards, selected from more than 160 entries across 30 countries, underscore Thailand’s growing leadership in sustainable and technology-driven public sector transformation.

Redefining the Role of the State in City-Making

Unlike large-scale urban megaprojects, the Government Complex Bangkok initiative relies on system-based, incremental transformation, repurposing existing assets instead of acquiring new land. Urban policy analysts note that this approach provides a scalable blueprint for other governments managing extensive real estate portfolios.

“A government city should not feel separate from everyday life,” Dr. Nalikatibhag said. “If public space eases the intensity of daily life, improves health and restores a sense of balance between people and nature, then governance itself becomes more humane.”

Hashtag: #CityofGreenLifestyles #GovernmentComplexBangkok #Nalikatibhag #Thailand


The issuer is solely responsible for the content of this announcement.

Dhanarak Asset Development Co., Ltd.

Dhanarak Asset Development Co., Ltd. is a state-owned enterprise under Thailand’s Ministry of Finance, responsible for managing and developing the Government Complex and related assets. DAD is committed to advancing sustainable, human-centered urban development and creating models for environmentally and socially responsible government infrastructure.

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