Toshiba Tec profits surge despite yen

Toshiba Tec profits surge despite yen

Japanese firm sees sales growth but workplace solutions profits hit by weak currency. Toshiba Tec has reported a sharp rebound in profitability, with net sales rising to ¥425.5 billion ($2.87 billion/ €2.64 billion) for the first nine months of FY2024, an increase of...
Ricoh struggles amid costly restructuring drive

Ricoh struggles amid costly restructuring drive

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...
Toshiba Tec profits surge despite yen

Ninestar reports full year 2022

The company published its company report for the period ended 31 December 2022. Ninestar Corporation reported sales was ¥25,855.36 million ($3.76 billion/ €3.44 billion) compared to ¥22,791.66 million ($3.31 billion/ €3.03 billion) for the same period of the previous...
Hubei Dinglong publishes performance forecast

Hubei Dinglong publishes performance forecast

The company has released its performance forecast for the period 1 January 2022 to 31 December 2022. Hubei Dinglong is projecting a year-on-year growth of 76-90% in its profits for the period. Net profit is forecasted to be ¥2.13 billion ($315 million/ €291 million)....