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Johnson Health Tech Achieves Record-Breaking November Revenue, Sets Sights on 50% Global Market Share

Qiaoshan reports a stellar November with 11% monthly revenue surge, reaching 3.75 billion yuan. Latin America and France fuel growth, hinting at a global fitness equipment market dominance.
Taiwan
j 1736.TW Mid and Small Cap 2000 Consumer 250
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Fitness equipment giant Johnson Health Tech achieved unprecedented success in November, marking a substantial 11% monthly revenue increase, culminating in a staggering 3.75 billion yuan – a pinnacle for the company in 2024. Cumulative revenue from January to November soared to 32.5 billion yuan, reflecting an impressive annual growth of 11.7%.

Latin America emerged as a key revenue driver, doubling its income in November. Johnson Health attributed this success to robust partnerships with large commercial clients and strategic equipment procurement. Meanwhile, France experienced remarkable growth, with a cumulative annual revenue surge surpassing 30%, fueled by an influx of new customers.

In a statement, Johnson Health revealed plans to launch innovative products in 2024, eyeing both commercial and household segments to expand its current 25% stake in the global commercial fitness equipment market. With the fitness equipment market reaching its zenith in the fourth quarter, Johnson Health Tech anticipates continued revenue growth, aiming to secure 50% of the commercial market share by December, signaling an ambitious trajectory in the competitive industry.

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