Lexmark’s parent releases its FY end forecast

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Lexmark’s parent releases its FY end forecast

Ninestar of China, which owns Lexmark, stated that it expects its net profit to be up to 2 billion RMB (Chinese yuan) ($295 million), up to 71.94% increase over prior year, for fiscal year ending on 12/31/22

Lexmark division revenue up 7% to $2.3 billion
- Printer unit sales up 20%
- Earnings before interest/tax/ depreciation/amortization (EBITDA) down 85 to $250 million
Printer consumables operating income up 11% to 6.1 billion RMB

2/7/239:07 PM

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Lexmark’s parent releases its FY end forecast

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