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Ninestar forecasts recovery amid challenges

Ninestar forecasts recovery amid challenges

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 /...
Hubei Dinglong projects stellar growth

Hubei Dinglong projects stellar growth

Chinese materials firm predicts soaring profits, buoyed by semiconductor boom and innovation. Hubei Dinlong Holdings reported a projected net profit of RMB 490 million to RMB 530 million ($71.7 million– $77.6 million/ €65.3 million– €70.6 million) for 2024. The...
Ninestar forecasts recovery amid challenges

HP reports mixed results

Revenue rises but future uncertainty clouds HP’s fiscal 2024 performance. HP Inc. reported a mixed set of fiscal 2024 results, with revenue growth providing a glimmer of optimism even as weaker guidance for the coming quarter dampened investor confidence. The company...
Sharp rebounds amid profitability challenges

Sharp rebounds amid profitability challenges

Sharp Corporation returns to profit despite sectoral weaknesses and foreign exchange impact. Sharp Corporation reported a modest but symbolic return to profitability in the first half of fiscal 2024, marking a positive shift for the Japanese tech giant following...