Ninestar forecasts profit plunge

Ninestar forecasts profit plunge

Outlook hit by Lexmark sale, but key printer division shows sharp growth. Ninestar has forecast a steep first-half net loss of RMB2 billion– 4 billion ($275 million–550 million/ €255 million– 510 million), citing the impact of its recent sale of Lexmark International....
Hubei Dinglong forecasts strong profit growth

Hubei Dinglong forecasts strong profit growth

The company has lifted H1 forecasted earnings on chip and printer rebound. Hubei Dinglong Holdings forecasts a sharp rise in half-year profits as strong demand in semiconductor materials and a rebound in printer consumables offset early-stage R&D drag. Net profit...
Hubei Dinglong forecasts strong profit growth

Printing drags on HP results

Declining print sales and falling cash flow eclipse gains in commercial PC segment. HP Inc has cut its full-year earnings guidance after posting disappointing second-quarter results, weighed down by falling printer sales, rising costs, and weakening free cash flow....
Böttcher defies downturn with 21% Q1 sales surge

Böttcher defies downturn with 21% Q1 sales surge

German office supplies group sees record growth but warns on rising insolvencies. Böttcher AG, the German office supplies specialist, reported a 21% rise in first-quarter sales to €256.5 million ($279.93 million), defying wider economic uncertainty in Germany’s...