Konica Minolta shows recovery and growth over the fiscal year
May 14, 2024
Konica Minolta’s financial results for the fiscal year ending March 2024 showed several positive developments.
The company achieved revenues of ¥1,160.0 billion ($8.02 billion/ €7.40 billion), which is an an increase of approximately 3% year-over-year, excluding impacts from business transfers, FOREX, and other factors.
Overall, Konica Minolta Successfully returned to profitability in both operating profit and profit attributable to the owners of the company. Operating profit turned positive from a substantial loss the previous year, highlighting a significant recovery.
The company anticipates continued revenue stabilisation and profit improvement. Key strategies include global structural reforms and focusing on strengthening business sectors.
Categories : City News
Tags : Business Financials Konica Minolta OEM
