Ninestar reports on Lexmark division

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Ninestar reports on Lexmark division

Ninestar of China reported financial results for FY2022 for its Lexmark division

Total revenue up 7.3% to $2.337 billion
Gross profit down 4.8% to $675 million
Gross profit margin down from 32.6% to 28.9%
EBITDA (earnings before interest, taxes, depreciation & amortization) down from $273.5 million to $249 million
Device units shipments up 20.9% to 2,443,200
(currently supplies print engines to Ricoh, Sharp, Toshiba & Xerox)

4/25/239:34 PM

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Ninestar reports on Lexmark division

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