Core Viewpoint - 德昌电机控股 reported a slight decline in revenue for the nine months ending December 31, 2025, with total revenue at $2.726 billion, down approximately $4 million compared to the same period last fiscal year, although currency fluctuations contributed an increase of $40 million [1] Revenue Breakdown - The automotive product segment generated revenue of $2.301 billion, a decrease of $14 million or 1% compared to the same period in the previous fiscal year. Excluding foreign exchange effects, the automotive segment's revenue fell by $49 million or 2% [1] - The industrial products segment reported revenue of $425 million, an increase of $10 million or 2% year-on-year. When excluding foreign exchange impacts, the industrial segment's revenue rose by $5 million or 1% [1] - Overall performance reflects significant regional disparities influenced by market and customer dynamics [1]

Core Viewpoint - The company reported a slight decline in revenue for the nine months ending December 31, 2025, with total revenue at $2.726 billion, down approximately $4 million compared to the same period last fiscal year, although currency fluctuations contributed an increase of $40 million [1] Group 1: Automotive Products - Revenue from the automotive products segment was $2.301 billion, a decrease of $14 million or 1% compared to the same period last fiscal year. Excluding foreign exchange effects, revenue declined by $49 million or 2% [1] - In the Asia-Pacific region, revenue fell by 6%, primarily due to price adjustments to maintain competitiveness and weak demand for non-local automotive brands in China, which has historically been a strong market for this segment. This decline was partially offset by growth in local automotive brand sales [1] - Sales of cooling management, steering and closure systems, and oil pumps decreased, while sales of brake systems, visual systems, and transmission systems partially offset the overall decline [1] Group 2: Industrial Products - Revenue from the industrial products segment was $425 million, an increase of $10 million or 2% compared to the same period last fiscal year. Excluding foreign exchange effects, revenue rose by $5 million or 1% [2] - In the Asia-Pacific region, revenue decreased by 1%, mainly due to intense price competition faced by the industrial products segment and some customers, leading to declines in sales of food and beverage, floor care, and printer application products. This decline was significantly offset by growth in sales of gardening and forestry equipment, medical, and data center cooling application products [2] - In the Europe, Middle East, and Africa region, revenue increased by 6%, driven by replenishment orders from customers after consuming previously excess inventory and the launch of new products, leading to growth in sales of gardening and forestry equipment, heating application products, and flexible printed circuits [2] Group 3: Overall Performance and Outlook - In the Americas, revenue decreased by 2%, primarily due to reduced demand from several customers and some projects reaching the end of their lifecycle, leading to declines in sales of ventilation and surgical application products. However, this was partially offset by growth in sales of piezoelectric motors and ultrasonic motor subsystems, benefiting from strong demand in semiconductor manufacturing and medical drug delivery systems [3] - The Chairman and CEO commented on the company's sales performance and short-term outlook, indicating that revenue has remained stable so far this fiscal year, reflecting a weak overall macroeconomic environment and high uncertainty related to geopolitical issues and U.S. trade policies. The company expects full-year revenue to be roughly similar to last year based on current trading conditions and customer orders [3]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 Johnson Electric Holdings Limited 德昌電機控股有限公司 * (在百慕達註冊成立之有限公司) (股份代號: 179) 25/26 財政年度第三季度 業務及未經審核財務資料 德昌電機控股有限公司（「德昌電機」或「本公司」，連同其附屬公司統稱「本集 團」）發出此公告，內容有關本集團截至 2025 年 12 月 31 日止九個月之業務營運及選 定之未經審核財務資料。 本公司董事會認為刊發最新季度銷售表現與國際企業披露的最佳常規一致。此公告旨 在提升透明度，並確保投資者及潛在投資者在同一時間平等地取得相同的信息。 截至 2025 年 12 月 31 日止九個月，本集團營業額為 2,726 百萬美元，對比上一財政年度 同期之 2,730 百萬美元，下跌約 4 百萬美元。期內，受惠於匯率變動，本集團營業額增 加 40 百萬美元。 汽車產品組別之銷售 截至 2025 年 12 月 31 ...

Core Viewpoint - Despite facing challenges such as macroeconomic downturns and uncertainties in global trade tariffs, the company reported stable financial performance with a 3% year-on-year increase in profit attributable to shareholders and maintained its interim dividend at 17 Hong Kong cents per share, consistent with the previous year [2] Financial Performance - For the first half of the fiscal year 2025/26 (ending September 30, 2025), the company's total revenue was $1.8335 billion, a slight decrease of 1% from $1.8542 billion in the same period last year; excluding foreign exchange effects, revenue fell by 2% [2][4] - Gross profit reached $440.7 million, with a gross margin increase from 23.6% to 24.0%, primarily due to lower direct labor costs, tighter raw material prices, and favorable foreign exchange movements, which offset pressures from price reductions and rising wages [2][4] - Net profit attributable to shareholders increased by 3% to $133.3 million, with fully diluted earnings per share at 14.21 cents; adjusted EBITDA was $158.7 million, accounting for 8.7% of revenue [2][4] Cash Flow and Financial Position - The company reported strong operating free cash flow, rising from $144.4 million to $174.5 million, mainly due to a decrease in working capital [2][4] - As of September 30, 2025, cash reserves stood at $932.5 million, with a total debt-to-capital ratio of 11%, down 1 percentage point from the end of the previous year; net cash was $572.8 million, and interest coverage improved to 21.3 times [3][4] Business Segments - The automotive products segment, which is the core business, accounted for 84% of total revenue, experiencing a 3% decline in fixed exchange rates; the Asia-Pacific region saw a 6% drop, primarily due to market share loss among joint ventures in China [5] - The industrial products segment represented 16% of total revenue, remaining stable year-on-year in fixed exchange rates, with varied regional performance: a 7% increase in Europe, the Middle East, and Africa, while Asia-Pacific and the Americas saw declines of 5% and 3%, respectively [5] Strategic Initiatives - The company is adjusting its business by integrating production processes, focusing on highly automated assembly lines and digital processes, and shifting new business development towards rapidly expanding Chinese manufacturers [6] - The company is actively pursuing new opportunities in the context of the global automotive industry's electrification transition and trade policy changes, including a joint venture with Shanghai Mechanical & Electrical Co., Ltd. to focus on high-performance humanoid robot components [6]