Johnson Health Tech to Raise Funds after Q1 Loss
The Taiwanese parent of the Matrix, Vision and Horizon fitness brands saw red ink in the first quarter, reporting a net loss of TWD 646.8 million ($21.0 mm) against a profit of TWD 82.0 million last year, as revenues dipped 7% to TWD 7,035.3 million ($228.7 mm) from TWD 7,526.6 million. Gross margin improved by 480 basis points to 46.5%, but that benefit was ... Log in to view full article.
