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Johnson Electric reports 16% increase in net profit for the half year ended 30th September 2017

HONG KONG, CHINA — (Marketwired) — 11/08/17 — Johnson Electric Holdings Limited ("Johnson Electric") (HKSE: 179)Group sales US$1,532 million — up 12% compared to first half of the prior financial year. Excluding the impact of acquisitions and foreign exchange rate changes, sales increased by 6%EBITDA increased 15% to US$260 million or 17.0% of sales (16.5% in prior year)Operating profit increased 15% to US$170 million or 11.1% of sales (10.8% in prior year)Net profit attributable