by stefanie | Jan 31, 2025 | City News
Printer sales hold up, but declining ink revenues and price erosion weigh on profits. Seiko Epson Corporation reported a 23.3% decline in business profit for its third quarter, as falling ink revenues and printer price erosion overshadowed strong sales of...
by stefanie | Jan 30, 2025 | City News
Japanese technology group sees robust printer sales but profit hit by medical unit impairment. Canon’s printing division helped drive revenue growth in 2024, but overall profits slumped as the Japanese technology group took a significant impairment charge against its...
by stefanie | Jan 29, 2025 | City News
The OEM reports declining revenue as cost-cutting boosts margins but market headwinds persist. Xerox reported a sharp decline in revenue for both the fourth quarter and full year, as the print and document management company navigates ongoing market headwinds. The...
by stefanie | Jan 28, 2025 | City News
Suzhou Goldengreen Technologies warns of delisting after forecasting a $4.3–6.2 million (€3.9–5.6 million) loss. Suzhou Goldengreen Technologies (SGT) has warned investors it faces the risk of delisting from the Shenzhen Stock Exchange following its 2024 annual...
by stefanie | Jan 27, 2025 | City News
Chinese printing giant shows resilience after Lexmark sale, despite headwinds. Ninestar Corporation has forecasted a return to profitability for 2024, predicting net earnings of between ¥6.5 billion and ¥9.5 billion ($914 million / €850 million to $1.34 billion /...
