Johnson Health Tech Sees Red Ink in Q2
The Taiwan-based exercise equipment maker’s bottom line swung to a TWD 410.3 million ($13.9 mm) loss in the second quarter from a TWD 3.4 million profit last year, on flat revenues of TWD 6,567.1 million ($221.9 mm) up from TWD 6,551.8 million. Gross margin tumbled 710 basis points to 40.1%, while a 2% increase ... Log in to view full article.