by stefanie | Feb 2, 2024 | City News
Ninestar Corporation faces a challenging fiscal year with an anticipated net loss of RMB450 to RMB650 million ($63 to $91 million/€58 to €84 million) for 2023, starkly contrasting last year’s RMB186.289 million ($26 million/ €24 million) profit. The downturn is...
by stefanie | Feb 2, 2024 | City News
In its financial outlook for 2023, Hubei Dinglong Holdings Co., Ltd. anticipates a downturn in net profit by 35% to 45% from the previous year. This forecasted dip is attributed to a strategic increase in R&D investments, rising bank loan interests from ongoing...
by stefanie | Feb 1, 2024 | Around the Industry
CET Group Co., Ltd. announced it made a significant impact at the 2024 Frankfurt Ambiente show, held from 26- 30 January 2024. CET’s participation was highlighted by the unveiling of their innovative products, including water foam lower fuser rollers and double...
by stefanie | Feb 1, 2024 | City News
In the third quarter, Konica Minolta experienced a revenue decrease, yet saw a cumulative increase over time. Operating profit declined to ¥7.8 billion ($53 million/ €49 million) in Q3 but achieved a cumulative increase to ¥8.6 billion ($58 million/ €54 million) for...
by stefanie | Feb 1, 2024 | City News
Amidst a 2.2% sales revenue decline, the Document Solutions Unit bucks the trend with growth, while profit forecasts predict a challenging fiscal year end. The financial results for the nine months ended 31 December 2023, show a decrease in sales revenue by 2.2% to...
