Ninestar publishes forecast
Ninestar of Zhuhai, China is owner of Lexmark, and other companies
- Forecasting net profits of $228 million to $260 million for its 2021 fiscal year
- Claims that global printer/MFP shipments and revenue continue to increase
- Predicts that Lexmark division operating revenue will be up 7% to $2.1 billion
o EBITDA (earnings before interest, taxes, depreciation and amortization) is predicted to exceed $270 million