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Lexmark’s parent reports earnings

Art Post · 11/11/209:57 PM

Lexmark’s parent reports earnings Ninestar of China, owner of Lexmark, reporting last quarter’s earnings - Total revenue down 17.1% to 5,013 million yuan ($749 million) - Net profit down 835 to 56.1 million yuan ($8.3 million) - (did not break out revenue and profit for the Lexmark division - Lexmark’s exchange losses on acquisition loans increased by 409.74 million yuan ($60.3 million) - Claims that shipments of remanufactured toner and ink cartridges are up by more than 505 YoY

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Lexmark’s parent reports earnings

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