Fuji Xerox Australia back in the black

The company has posted a profit for the year ended 31 March 2020, despite seeing a decrease in revenue.

ARN reports, that the company reported profits of AU$5.9 million ($4.25 million/ €3.59 million) for the year ended 31 March 2020, although revenues dipped 6% from AU$650 million ($469 million/ €396 million) to AU$608 million ($438 million/ €371 million).

ARN said that Fuji Xerox’s revenue from customer contracts and sales of goods decreased but revenues from services grew 53% in the period.