Johnson Electric Holdings (00179.HK) +1.800 (+6.613%) Short selling $45.57M; Ratio 8.245% issued a profit warning, expecting net profit for the financial year ended March to range between USD197 million and USD207 million, representing a YoY decline of 21%-25%. The decrease was mainly attributable to higher distribution and administrative staff costs, the impact of foreign exchange movements on operating expenses, increased provisions for claims and compensation as well as other operating items, leading to a roughly 12%-16% drop in net profit. The company also recognized a non-cash impairment of intangible assets related to a past acquisition and recorded unfavorable fair value changes on certain investments. (de/d)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)
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