公告称，从地区划分，汽车产品组别以固定汇率计算的营业额于亚洲、欧洲及美洲分别下跌1%、3%及5%。所有主要产品及子系统类别均受到原始设备制造商需求疲弱的影响，因业界正致力减少于2023年疫情期后生产反弹所积累的过剩库存水平。同时，中国消费者对购买新车的意欲受到地产价格下跌的忧虑所影响，而北美及欧洲消费者的购买意欲则受到高车价及高利率所影响。Johnson Elec H (00179) fell more than 4% after the performance announcement, as of the time of writing, dropped by 3.53%, closing at HKD 10.94, with a turnover of 23.6365 million Hong Kong dollars.
According to the Wisdom Financial APP, Johnson Elec H (00179) fell more than 4% after the performance announcement, dropping by 3.53% as of the time of writing, closing at HKD 10.94, with a turnover of 23.6365 million Hong Kong dollars.
On the news front, Johnson Elec H announced its interim performance for the six months ending September 30, 2024, with revenue of 1.854 billion US dollars, a 4% year-on-year decrease; attributable net profit to shareholders increased by 8% to 0.13 billion US dollars; interim dividend per share of 17 Hong Kong cents. The automotive product group accounted for 84% of the Group's total revenue, calculated at a fixed exchange rate, with a 3% decrease in revenue, consistent with the overall decline in global light vehicle production.
The announcement stated that, by region, the revenue of the automotive product group calculated at a fixed exchange rate declined by 1%, 3%, and 5% in Asia, Europe, and the Americas respectively. All major product and subsystem categories were affected by weak demand from original equipment manufacturers, as the industry is actively reducing excess inventory levels accumulated following the production rebound after the 2023 epidemic. Meanwhile, Chinese consumers' intention to purchase new cars was affected by concerns over falling property prices, while North American and European consumers' purchasing intentions were impacted by high vehicle prices and interest rates.