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Johnson Electric reports results for the year ended 31 March 2020

  • Written by Media Outreach

Highlights of FY2019/20 Results

 

  • For the financial year ended 31 March 2020, total sales were US$3,070 million -- a decrease of 6% compared to the prior financial year.  Excluding the effects of foreign currency movements, underlying sales decreased by 4%
  • Gross profit was US$672 million -- a decrease of 11%
  • Operating profits decreased by 1%...

Read more: Johnson Electric reports results for the year ended 31 March 2020

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