by stefanie | Nov 11, 2024 | City News
Ricoh’s growth defied challenges but profit took a serious hit as high restructuring costs eroded gains. Ricoh reported an 8.1% increase in overall sales for the half-year ended 30 September, reaching ¥1,202.5 billion ($8.04 billion/ €7.57 billion). However, profits...
by stefanie | Nov 8, 2024 | City News
Despite revenue gains, operating and comprehensive profits Brother struggles against rising costs and currency impact. The Japanese electronics firm reported a 6.9% rise in revenue, achieving ¥427.2 billion ($2.85 billion/ €2.70 billion), for the first half of its...
by stefanie | Nov 8, 2024 | City News
Increased business transfer income drives Toshiba Tec’s net profit growth in first half. Toshiba Tec Corporation recorded a marked increase in profit for the first half of FY2024, with net earnings leaping to ¥26.6 billion ($176 million/ €163 million), compared to...
by stefanie | Nov 7, 2024 | City News
Earnings rise amid steady toner demand, yet future growth remains a question. Indian Toners & Developers Limited ITDL), a leading producer of toner powder for printers and copiers, reported modest growth for the second quarter and half-year ending September 30,...
by stefanie | Nov 7, 2024 | City News
Oki Electric Industry posts substantial gains amid mixed segment performance, leveraging project-based growth to offset electronics headwinds. Oki Electric Industry Co. Ltd (OKI) reports a healthy start to fiscal 2024, achieving significant growth in revenue and...
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