Johnson Health Tech Profits Jump in 2023
The Taiwanese exercise equipment maker is currently the stalking horse bidder for Bowflex, aiming to add the bankrupt company’s brand and assets to its portfolio that includes Matrix, Vision, and Horizon Fitness. JHT’s net income attributable to shareholders improved 65% to TWD 709.8 million ($22.8 mm) last year from TWD 429.0 million, as revenues grew 13% to TWD 38,069.6 million ($1,220.2 mm) from TWD 33,612.9 million. ... Log in to view full article.