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Citi: Johnson Electric (00179.HK) Profit Warning Signals Ongoing Earnings Downside Risk, Maintains "Neutral" Rating
Citi issued a research report stating that Johnson Electric (00179.HK) issued a profit warning, signaling that downside risks to earnings persist. The group expects net profit for ...
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Citi: Johnson Electric (00179.HK) Profit Warning Signals Ongoing Earnings Downside Risk, Maintains "Neutral" Rating
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Citi issued a research report stating that Johnson Electric (00179.HK)  +1.800 (+6.613%)    Short selling $45.57M; Ratio 8.245%   issued a profit warning, signaling that downside risks to earnings persist. The group expects net profit for fiscal year 2026 ending March to decline by 21% to 25% YoY to between USD197 million and USD207 million.

The bank noted that raw material costs have surged recently, and Johnson Electric requires a longer time to pass on rising costs, which is expected to continue posing risks to its margins. It maintained a "Neutral" rating with a TP of HKD32. (hc/j)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)

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