Financials
Sales up, profits down at Indian Toners
May 23, 2019
Remanufacturing market remains challenging as toner imports from China and Malaysia eat into Indian Toners margins. Sales at Indian Toners & Developers (ITDL) rose 4.85 percent to Rs 28.78 crore ($4.13 million/ €3.7 million) while net profits declined 33.19 percent to Rs 4.67 crore ($670,000/ €600,000) in the quarter ended March 2019 as against Rs […]
Toshiba released FY2018 results
May 13, 2019
The OEM has released its full year results for fiscal year 2018, mostly achieving its forecasted targets. Toshiba recorded net sales of ¥476.8 billion ($4.347 billion/ €3.869 billion), ¥13.2 billion ($120.362 million/ €107.128 million) lower than forecasted in February 2019, and ¥36.5 billion ($332.836 million/ €296.226 million) lower than the previous year. Operating profits were […]
