On July 11th, Gelunhui reported the business and unaudited financial information for the first quarter of the 24/25 fiscal year of Johnson Elec H (00179.HK). As of the quarter ended June 30th, 2024, the Group's revenue was 0.935 billion US dollars, a 2% decrease compared to the same quarter of the 23/24 fiscal year, which was 0.954 billion US dollars. During this quarter, the exchange rate caused an adverse impact of 8 million US dollars on the Group's revenue, without taking into account the impact of foreign exchange fluctuations, and revenue decreased by approximately 1%.
As of the quarter ended June 30th, 2024, the revenue of the auto product group was 0.788 billion US dollars, the same as the same quarter of the 23/24 fiscal year. Without taking into account the impact of foreign exchange, the revenue of the auto product group increased by $5 million or 1% in the quarter, while the global output of light vehicle industry remained the same.
As of the quarter ended June 30th, 2024, the revenue of the industrial and commercial products group was 0.147 billion US dollars, a decrease of 16 million US dollars or 10% compared to the same quarter of the 23/24 fiscal year. The impact of foreign exchange was slight.