by stefanie | Jul 15, 2025 | City News
Outlook hit by Lexmark sale, but key printer division shows sharp growth. Ninestar has forecast a steep first-half net loss of RMB2 billion– 4 billion ($275 million–550 million/ €255 million– 510 million), citing the impact of its recent sale of Lexmark International....
by stefanie | Apr 30, 2025 | City News
Ninestar, the Chinese printing technology group, reported a drop in first-quarter profit as weak overseas printer sales and subdued chip revenues weighed on performance, despite pockets of growth in key domestic segments. Net profit attributable to shareholders...
by stefanie | Feb 28, 2025 | City News
HP Inc. has posted mixed first-quarter results, with printing sales sliding and restructuring costs mounting. HP Inc. reported a 2.4% rise in first-quarter revenue to $13.5 billion (€12.5 billion), boosted by strong demand for AI-powered PCs. However, the US...
by stefanie | Feb 27, 2025 | World Focus
HP’s latest financial report hides a costly truth—CEO Enrique Lores’ pay packet, buried in 103 pages of corporate optimism, equates to a mountain of toner cartridges. As customers grow weary of restrictive policies and frustrating service delays, could HP’s grip on...
by stefanie | Feb 7, 2025 | City News
Japanese manufacturer posts strong sales growth, but Electronics Manufacturing Services division struggles. Oki Electric Industry reported an increase in revenue for the third quarter, as robust demand for enterprise and public solutions offset a downturn in its...