Ninestar publishes 2021 half year performance forecast

July 12, 2021

The company released its semi-annual performance forecast estimating net profit attributable to shareholders to be between ¥400 million ($62 million/ €52 million) and ¥500 million ($77 million/ €65 million).

The company predicts that for the six months period, net profit attributable to shareholders to be between ¥400 million ($62 million/ €52 million) and ¥500 million ($77 million/ €65 million), a 11.45% to 39.31% increase year-over-year.

The company said that due to the increase in vaccinations and the ease of COVID restrictions, “the company actively seizes market opportunities”. The company added that during the reporting period, the hardware sales and revenue of the company’s printer business stabilised and rebounded.

Categories : City News

Tags : Business COVID-19 Financials Growth Ninestar