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Planet Image International faces margin squeeze

Planet Image International faces margin squeeze

Revenue grows but European sales decline, pressuring margins and profitability in 2024. Planet Image International, the Cayman Islands-based holding company of Aster, reported a 4.1% revenue increase to $77.3 million (€72.3 million) for the first half of fiscal 2024....
Planet Image International faces margin squeeze

Ninestar reports strong H1 growth

Ninestar Corporation posts significant profits and growth but faces operational headwinds and financial hurdles. Ninestar Corporation, the printer and consumables business, has reported a healthy financial performance for the first half of 2024. The company saw its...
HP’s printing segment declines amid revenue growth

HP’s printing segment declines amid revenue growth

Despite overall revenue growth, HP’s core Printing division faces challenges with declining sales and margins. HP Inc. reported mixed results for its fiscal 2024 third quarter, with particular weaknesses in its Printing segment, traditionally a key profit...
Megain faces profit plunge

Megain faces profit plunge

Megain Holding reports a significant 2023 profit drop and struggles with intense market competition and rising costs. Megain Holding (Cayman) Co., Ltd., the Zhuhai-based designer of chips for third-party ink and toner cartridges, reported in April that 2023 was a...
Planet Image International faces margin squeeze

Turbon AG down, but up

Amid revenue dips, Turbon expands strategically, bolstering global operations and securing key contracts. Turbon AG has reported a slight decline in revenues and profits for the first half of 2024. Despite facing headwinds, particularly in its core European markets,...