Ninestar bounces back from losses

Ninestar bounces back from losses

The company forecasts strong rebound in FY2024 after turbulent 2023 performance. Ninestar has posted a sharp turnaround in its 2024 results, delivering a net profit of ¥764 million ($106 million/ €98 million) following a loss of ¥6.19 billion ($860 million/ €795...
Epson profits hit by weak ink sales

Epson profits hit by weak ink sales

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...
Ninestar bounces back from losses

OKI posts strong gains despite challenges

Revenue surges as enterprise demand grows, but EMS sector faces headwinds. OKI Electric reported strong financial results for the first half (1H) of fiscal year 2024, marking a 13% year-over-year (YOY) growth in revenue to ¥197.7 billion ($1.32 billion/ €1.25 billion)...
Ninestar bounces back from losses

Ninestar projects 2024 profit surge

Ninestar forecasts net profits to soar over 140%, driven by strong growth in key business segments. Ninestar Co., Ltd. has released its unaudited semi-annual forecast for 2024. It projects a robust financial performance with significant growth in net profit and...