JOHNSON ELECTRIC HOLDINGS LIMITED: Continued growth at Johnson Electric.

0 Comments | M2 Presswire, December, 1998

3 M2 PRESSWIRE-9 December 1998-JOHNSON ELECTRIC HOLDINGS LIMITED: Continued growth at Johnson Electric (C)1994-98 M2 COMMUNICATIONS LTD3 RDATE:081298 For the six months ended 30th September 1998, Johnson Electric Holdings Limited achieved an unaudited consolidated profit after taxation of HK$406 million.

Over the same period, the Group's turnover was HK $1.52 billion. An interim dividend of 10.0 HK cents per share will be paid by the Company to the shareholders who are on the Register of Members on 29th December 1998. Robust demand in the automobile components and power tool segments was the main driver of strong sales growth of 27 per cent in Europe. Sales to North America were up by 8 per cent. Sales to Hong Kong and China were down by...