Media OutReach
Johnson Electric reports results for the year ended 31 March 2025
Highlights of FY24/25 Results
- Group sales US$3,648 million – down 4% compared to the prior year
- Gross profit US$843 million or 23.1% of sales (compared to US$851 million or 22.3% of sales in the prior year)
- Adjusted EBITA US$344 million or 9.4% of sales (compared to US$343 million or 9.0% of sales in the prior year)
- Net profit attributable to shareholders totalled US$263 million – an increase of 15% compared to the prior year
- Underlying net profit, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, totalled US$274 million – an increase of 9%
- Free cash flow from operations totalled US$286 million compared to US$422 million in the prior year
- A recommended final dividend of 44 HK cents per share (5.64 US cents)
- As of 31 March 2025, cash reserves amounted to US$791 million and the ratio of total debt to capital was 12%
HONG KONG SAR – Media OutReach Newswire – 28 May 2025 – Johnson Electric Holdings Limited (“Johnson Electric”), a global leader in electric motors and motion subsystems, today announced its results for the twelve months ended 31 March 2025.
Group sales for the 2024/25 financial year were US$3,648 million, a decrease of 4% compared to the prior year. Net profit attributable to shareholders increased by 15% to US$263 million or 28.16 US cents per share on a fully diluted basis. Underlying net profit, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, increased by 9% to US$274 million.
Sales Performance
The Automotive Products Group (“APG”), Johnson Electric’s largest operating division, achieved sales of US$3,072 million. Excluding currency effects, APG’s sales decreased by 3%. Automotive production volumes in several major markets were below prior year levels due to the combination of subdued economic conditions, elevated new vehicle prices, high financing costs, and uneven consumer confidence. Supply-demand dynamics were further impacted by a temporary slowdown in the transition to electrification in some markets as governments rethink policy support, OEMs adjust the propulsion mix of their model line-ups, and consumers react to the comparatively high price of battery-electric vehicles.
APG experienced lower sales in each of the three major geographic end markets, with differences in large part reflecting the variations in our share of content within particular OEM vehicle models and whether or not those models are proving popular with consumers. In Asia, for example, APG sales decreased by 1% on a constant currency basis compared to a 2% increase in the region’s total light vehicle production volume. This was primarily due to the weaker sales performance of non-domestic car brands in China, among which APG has historically maintained an above average market share. In Europe, APG’s sales declined by 4% on a constant currency basis compared to a 6% decline in regional vehicle production. And in the Americas, sales declined by 6% in comparison to a 2% decline in vehicle production volume. In both of these regions, a key factor driving APG’s sales performance was end-market share changes between OEMs, which has become less predictable as the industry wrestles with several transformational forces including electric vehicle adoption rates, the growing success of Chinese OEMs as exporters, and moves by governments to impose protectionist tariffs on imports.
APG’s strategy to address these shifting automotive industry dynamics is two-fold. Firstly, it is to continue to bring to market innovative technologies that help enable electrification, reduce emissions, and enhance passenger safety and comfort. Secondly, APG aims to offer its customers a compelling total cost and value proposition that combines speed, scale and reliability of production with a responsive global operating footprint. This strategy is gaining traction. One indication of the strength of this model is APG’s increasing success in winning new business from the largest Chinese OEM vehicle manufacturers which are expected to contribute a significant and growing share of the division’s sales within the next five years.
The Industry Products Group (“IPG”) – contributing 16% of total Group sales – continued to experience challenging trading conditions. The division’s sales were US$575 million which, excluding the effects of currency movements, represented a decline of 5% compared to the prior year. Global demand for many consumer and industrial products remains sluggish in the post-pandemic era and this has been compounded by an acceleration of the commoditization of numerous hardware goods. In response, management has taken decisive action to reduce overheads and refocus the division around a products group that emphasises standardization and cost leadership. In parallel, IPG is investing in designing differentiated and innovative motion system solutions in a select number of high growth application segments, including robotics, warehouse automation, medical devices, electric bikes, and high-precision manufacturing and measurement equipment. This dual-track approach is positioning IPG for improved competitiveness and long-term growth.
Gross Margins and Operating Profitability
The Group’s gross profit amounted to US$843 million – a decrease of 1% compared to the prior year. As a percentage of sales, however, gross profit increased from 22.3% to 23.1%. The improvement of gross margin was primarily the result of lower raw material costs, direct labour, and production overhead charges that combined to more than offset the effects of reduced sales volumes.
Reported earnings before interest, tax and amortization (“EBITA”) amounted to US$331 million (compared to US$315 million in the prior year). EBITA adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, amounted to US$344 million or 9.4% of sales (compared to 9.0% in the prior year). The Group’s adjusted EBITA result was boosted by US$15 million in net gains from Other Income & Expenses. This was primarily due to a mark-to-market gain on an investment in an autonomous driving technology company, government grants, as well as net changes in the valuation of other financial and monetary assets and liabilities, and other foreign currency hedging contracts.
Net Profit and Financial Condition
Net profit attributable to shareholders increased by 15% to US$263 million or 28.16 US cents per share on a fully diluted basis. Underlying net profit, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, amounted to US$274 million compared to US$252 million in the prior year.
The Group’s overall financial condition remains robust with a total debt to capital ratio of 12%, an interest coverage ratio of 10 times, and year-end cash reserves of US$791 million.
Dividends
In view of the high level of uncertainty concerning the outlook for global trade at the present time, the Board considers it prudent to recommend maintaining the final dividend of 44 HK cents (5.64 US cents) per share, which together with the interim dividend of 17 HK cents per share, represents a total dividend of 61 HK cents (7.82 US cents) per share.
Chairman’s Comments on the Annual Results and Outlook
Commenting on the annual results for the financial year 2024/25, Dr. Patrick Wang, Chairman and Chief Executive, said, “In the financial year 2024/25, Johnson Electric experienced increasing headwinds in its major end markets that reflected the impact of a reduction in automobile production volumes, intense price competition in several consumer and industrial product applications, and weakening consumer confidence in the face of rising uncertainty about the outlook for the global economy, and cross-border trade in particular. Despite these challenging market conditions, the Group’s financial results demonstrated the resilience of our business model”.
Dr. Patrick Wang further commented: “Although we do not expect a worst-case outcome involving the high and broad-based tariffs remaining in place for the longer-term, we have been building scenarios into our planning and operating model for many years – with the effect that being nimble and adaptable is central to Johnson Electric’s way of doing business. Management is working proactively to mitigate the near-term impact of tariffs through pricing adjustments, as well as evaluating our longer-term options to relocate parts of production to different locations within, or beyond, our existing manufacturing footprint. The practical and economic attractiveness of those options will ultimately depend on what types of trade agreements may emerge from the ongoing trade dispute and negotiations”.
“Although the sudden imposition of import tariffs impacting multiple national borders is placing an additional burden on our people in terms of time and complexity, we are not allowing it to deflect our attention from executing the core elements of our strategy. Those elements include: i) driving sales growth by offering customers compelling total cost solutions to their most pressing motion-related problems; ii) accelerating our speed to market through rapid sampling, increased standardization of products and production lines, and building and maintaining appropriate levels of stock to provide the assurance and flexibility of supply that our customers demand; iii) building and consolidating production around large scale, lower cost regional manufacturing hubs that feature high levels of vertical integration and automation; and iv) leveraging advanced digital technologies, including AI, to reduce cost and improve efficiency and responsiveness”.
Concerning the near-term financial outlook, Dr. Patrick Wang said: “Group sales levels in the first weeks of the 25/26 financial year have been a mid-single digit percentage lower compared to a year ago. However, given the lack of clarity over exactly what tariffs may be in effect for the remainder of the year and how these may impact the varied and often complex profiles of our subsystem manufacturing and logistics supply chain, it is not meaningful to offer a full-year sales projection”.
“It is not simply a question of which of our products could be subject to elevated import tariffs (these presently amount to a mid-single digit percentage of total Group sales based on the US import tariffs in effect, or temporarily suspended). It is also the extent to which the confrontation over international trade undermines the prospects for global economic growth”.
“Nonetheless, I do feel that it is worthwhile observing that Johnson Electric has a sixty-six-year track record of navigating its way through periods of enormous macro-economic stress and volatility. While past performance is, of course, no guarantee of future success, I remain highly confident that this Company is as well positioned as any in our industry to find a profitable and sustainable path going forward”.
Forward Looking Statements
This news release contains certain forward looking statements with respect to the financial condition, results of operations and business of Johnson Electric and certain plans and objectives of the management of Johnson Electric.
Words such as “outlook”, “expects”, “anticipates”, “intends”, “plans”, “believe”, “estimates”, “projects”, variations of such words and similar expressions are intended to identify such forward looking statements. Such forward looking statements involve known and unknown risk, uncertainties and other factors which may cause the actual results or performance of Johnson Electric to be materially different from any future results or performance expressed or implied by such forward looking statements. Such forward looking statements are based on numerous assumptions regarding Johnson Electric’s present and future business strategies and the political and economic environment in which Johnson Electric will operate in the future.
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 across more than 20 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For further information, please visit: www.johnsonelectric.com.
Common challenges
Trading can be a very intense experience. Each trade puts knowledge and skills to the test, creating a decisive stress factor. It’s like taking an exam with a limited time over and over, but the test questions and conditions are different each time.
Octa leverages its extensive market experience to offer transparent trading conditions and fast, reliable withdrawals. The broker’s trustworthiness and transparency reduce the cognitive load involved in trading and allow traders to fully concentrate on their performance.
The tools at hand
Any trader strives to get additional income with each session, and the high significance of financial outcomes can get on their nerves. Luckily, modern trading platforms have a few simple yet efficient tools that help to automate the routine and improve outcomes.
To simplify the trading process, Octa broker creates a reliable, secure trading environment and introduces accessible and efficient features to its platform. Below are some of the tools any trader should consider to achieve more consistent results.
- Stop loss and take profit
Stop-loss and take-profit orders are by far the most popular and accessible risk management tools in trading. These tools automatically close a position once it hits a predefined mark, either cutting losses or locking in gains—just as their names suggest.
Most trading tutorials emphasise the importance of regularly using these orders as part of the risk management routine. However, Octa broker’s survey showed that between 29% and 35% of traders apply risk management tools only when attempting a hazardous trade. In most cases, they trust their trading intuition to exit the trade on time. Unfortunately, this approach is risky and can cause significant losses. Remember, risk management tools are there to be used.
- Trailing stop and break even
These tools allow traders to set up dynamic, market-sensitive exit points to secure the gains already made in a trade. While a standard stop-loss order is static and usually applied at the initial stage of a trade, trailing stop automatically adjusts the exit level as the market price moves in the trader’s favour, protecting profits while giving the trade room to run.
Similarly, a break-even order moves the stop-loss level to the trade’s entry price (or slightly above or below to cover commissions or fees) once the price has moved a predetermined amount in the trader’s favour, thereby eliminating the risk of financial loss on that particular trade.
These tools automatically close the position at a certain price level to protect profits, allowing traders to set up a dynamic, market-sensitive stop-loss order. While a standard stop-loss order is static, both trailing stop and break-even orders follow the price as long as it moves in favour of the open position.
Octa broker highly recommends these intuitive and flexible tools available on the broker’s proprietary platform. They offer greater control over open positions, reduce stress, and enhance resilience in unpredictable market conditions.
- Notifications and calculators
However basic, math in trading is always present as a hidden but instrumental mechanism, and a solid understanding of it remains crucial. Modern trading platforms offer dedicated features to automate calculations and reduce cognitive load.
For example, position sizing algorithms and automated margin calculators help traders maintain the needed level of exposure. They take into account the user’s current equity amount and desired risk tolerance. An automated tool can calculate how many lots to trade within a specific currency pair so that no more than 1% of the account balance is at risk on any single trade. Maintaining this disciplined and detail-focused approach manually would be very cumbersome, but luckily, the appropriate tools can streamline the process.
On the other hand, automated alert systems provide a psychological safety net for emotional traders who are prone to anxiety. These systems monitor charts around the clock and notify traders when specific setups or market conditions emerge. Instead of staring at screens for hours, traders who use such tools can focus on strategy refinement or other analyses, knowing they won’t miss critical entry or exit opportunities.
Modern risk-management tools allow for easier and less nerve-wracking sessions while improving overall outcomes. Brokers that wield technology and offer their clients the most accessible, up-to-date solutions create a link of trust and understanding that helps both brokers and traders reach their respective goals. With this in mind, Octa broker recommends choosing a trusted and proven broker, rather than one that simply makes the most promises.
___
Disclaimer: This press release does not contain or constitute investment advice or recommendations and does not consider your investment objectives, financial situation, or needs. Any actions taken based on this content are at your sole discretion and risk—Octa does not accept any liability for any resulting losses or consequences.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
Beauty Fan & Heater: Where Wellness Meets Functionality
The AUPU Beauty Fan & Heater emerges as a multi-functional standout, integrating heating, lighting, ventilation, drying, and beauty-focused infrared therapy. Powered by low-range infrared technology, it delivers warmth while boosting blood circulation and skin rejuvenation
Space-Saving Cloth Dryer for Humid Climates
Tailored for humid environments, the AUPU Cloth Dryer reimagines laundry care. This ceiling-mounted system features remote-controlled lifting, UV sterilization, and warm-air drying—saving space while ensuring rapid, hygienic drying even in moisture-heavy conditions.
Kitchen-Specific Air Conditioner
Cooking comfort takes center stage with the AUPU Central Kitchen Air Conditioner. Exclusively designed for kitchen use, it offers targeted airflow and intelligent temperature control to counteract cooking-induced heat and humidity, transforming kitchens into cool, pleasant spaces that enhance the joy of meal preparation.
Advanced Technical Capabilities for Enhanced Comfort
Beyond their impressive functionality, AUPU products integrate cutting-edge technologies to ensure optimal performance and user experience. Standout features include:
AI-Powered Constant Temperature Heating: Intelligently adjusts heat output based on real-time indoor temperature fluctuations, maintaining stable comfort while avoiding abrupt temperature changes and optimizing energy efficiency.
Human-Sensing Ventilation: Equipped with high-precision motion sensors, the system activates automatically upon detecting human activity, adjusting ventilation intensity based on occupancy duration and pollutant levels. It switches to energy-saving mode when spaces are unoccupied, balancing air quality and energy use.
Smart Sterilization & Deodorization: Utilizes UV-C and negative ion technology to automatically initiate sterilization upon detecting human presence, targeting bacteria, viruses, and odor-causing molecules—ideal for high-moisture areas like bathrooms and kitchens.
Motion-Activated Lighting: Detects movement to automatically turn lights on/off, enhancing convenience while reducing unnecessary energy waste for a more sustainable lifestyle.
Invitation to Explore
ARCHIDEX 2025 presents a key opportunity for AUPU to demonstrate its commitment to redefining indoor living. Industry professionals, architects, designers, and homeowners attending the exhibition are invited to visit AUPU’s booth and discover how these innovations are transforming everyday living—one comfortable space at a time.
Hashtag: #AUPU
The issuer is solely responsible for the content of this announcement.
Media OutReach
Cyberport “AI x Data Forum” Concludes Successfully Joining Hands with Industry to Drive AI and Data Innovation and Unlock New Value for Enterprises
During the forum, Cyberport, the Canton Data Exchange and China Unicom Global signed a Memorandum of Understanding (MoU). The three parties will jointly promote and implement a “Mainland incubation, Hong Kong deployment” collaboration model, introducing mature data application scenarios and enterprises from Mainland China into Hong Kong. The collaboration covers areas such as financial risk management, healthcare, cross-border trade, and the low-altitude economy, and will provide technology platforms and compliance support. These efforts will help enterprises expand into both local and overseas markets, while jointly organizing incubation, investment promotion, and exchange activities, further strengthening Hong Kong’s position as a demonstration hub for data applications.
Prof Sun Dong, Secretary for Innovation, Technology and Industry delivered the opening remarks at the forum and stated “Artificial Intelligence (AI) has become a major engine for global economic growth, with data as its essential driving force. The two elements are complementary. This year, the HKSAR Government has developed AI as a core industry for Hong Kong, aiming for all sectors to focus on its development and spearhead a new wave of economic growth for the city. The Government will fully leverage Hong Kong’s edges as an international data hub, encouraging the industry to pursue innovation and breakthroughs in AI. With unique advantages under the ‘One Country, Two Systems’ principle, Hong Kong is well positioned to serve as a vital base for AI development, both locally and across the Greater Bay Area, enabling AI and data to create broader and more positive value in the region.”
In his welcoming speech, Simon Chan, Chairman of Cyberport, stated “Data is the cornerstone of the digital economy, driving the transformation of smart cities and serving as a vital foundation for AI development. Cyberport is dedicated to building a diverse innovation and technology ecosystem, fostering the safe, efficient, and compliant growth of AI and data applications through cross-sector collaboration. Our partnership with the Canton Data Exchange and China Unicom Global represents a significant milestone in promoting collaborative development in the Guangdong-Hong Kong data industry. Cyberport will continue to serve as Hong Kong’s digital tech hub and AI accelerator, harnessing innovative technologies to drive economic transformation and reinforce Hong Kong’s status as a global hub for innovation and data.”
The Leaders Dialogue sessions moderated by Dr. Crystal Fok, Director of AI Applications at Cyberport, brought together representatives from various organizations, including the Hong Kong Police Force, the Spatial Data Office, Canton Data Exchange, and China Unicom Global. The panel engaged in an in-depth discussion on advancing data security and improving the transparency of cloud data flows, providing fresh perspectives to organizational data management strategies. During the discussion, experts shared valuable insights in promoting data security and data application and ensuring compliance. Initiatives included developing platforms with multilingual and context-aware capabilities to enhance service quality and continually reviewing and enhancing system security to ensure a safe and compliant flow of information. The panel also underscored that the establishment of compliant and scalable data platforms will facilitate cross-sector collaboration and industry co-creation, helping smart enterprises seize new opportunities and achieve high-quality growth.
As Hong Kong’s digital tech hub and AI accelerator, Cyberport is committed to building a responsible and trustworthy AI ecosystem in collaboration with various sectors. Last year, Cyberport launched Hong Kong’s largest Artificial Intelligence Supercomputing Centre (AISC) and established an AI Lab to provide comprehensive support to start-ups from research and development to market entry, creating a valuable platform for technology demonstration and commercial application.
Additionally, the HKSAR Government allocated HK$3 billion to launch the three year Artificial Intelligence Subsidy Scheme (AISS) through Cyberport, which has received approximately 20 applications. As of the end of June this year, the committee has approved nearly 10 projects covering areas such as local large language models, new materials, synthetic biology, and medical large models, with total grants of about HK$300 million. Since January, approved projects have gradually begun utilising the AISC, with more than 90% of its computing capacity now in use.
With the completion of Cyberport 5 expected for this year, the new building will be equipped with state-of-the-art infrastructure, including a dedicated, Tier-III+ standard sustainable data centre. Together with the adjacent AISC and the Hong Kong Internet Exchange (HKIX), the new facility will create a high-performance technology corridor. This will provide stronger and highly reliable data storage and computing support for industry, academia, and government, accelerating digital transformation across industries.
Currently, Cyberport is home to more than 400 start-ups focusing on AI and data science, and has attracted several leading AI enterprises. Cyberport has fostered strategic partnerships with major technology leaders, expanding support for start-ups while advancing talent cultivation, R&D, and technology adoption, driving Hong Kong’s evolution into an International AI and innovation hub.
Hashtag: #Cyberport #AIxDataForum
The issuer is solely responsible for the content of this announcement.
About Hong Kong Cyberport
Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong’s digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,200 companies, including 5 listed companies and 7 unicorns. One-third of onsite companies’ founders come from 26 countries and regions, while Cyberport companies have expanded to over 35 global markets.
Cyberport, with Hong Kong’s largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and around 400 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong’s largest FinTech community. Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society.
Also as Hong Kong’s key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Mainland China and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level.
For more information, please visit 
https://www.cyberport.hk/en.
-
Feature/OPED5 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy2 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years agoFirst Bank Announces Planned Downtime
-
Sports2 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology5 years agoHow To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN