Lexmark’s parent gives forecast
Ninestar of China, which owns Lexmark, gave forecast for first 3 quarters of 2021
- Estimates profits to total 730 million renminbi (RMB) (approx. $113,427,984)
- Year over year increase of 75.9% max
- Attributes profit growth to increase sales of non-OEM printer and MFP consumables
- Forecasting Lexmark printer sales to increase 20% globally