Ninestar revenue turned out to be RMB12.30 billion (US$1.78 billion) in the first half of 2022 (H1, 2022), up 10.03% compared to the same period last year. Net profit attributable to shareholders of the listed company increased 102.49% year-over-year to RMB1.07 billion (US$154.68 million), while net profit attributable to shareholders of the listed company after deduction of non-recurring gains and losses was RMB0.94 billion (US$135.89 million), up 311.87% compared to the same period last year.
Compatible Consumables Business
During the reporting period, Ninestar’s aftermarket print consumables business realized an operating revenue of RMB3.10 billion (US$448.16 million), up 16.53% compared to the same period last year. Net profit turned out to be RMB0.14 billion (US$20.24 million), up 42.27% compared to the same period last year.
Integrated Circuit Business
With a shipment of 209 million chips in the first half year, Apex’s revenue increased 54.9% year-over-year to RMB1.055 billion (US$153.24 million). Apex compatible printer chip business revenue was RMB0.76 billion (US$109.87 million) while non-printing consumable chip business revenue turned out to be RMB0.30 billion (US$43.37 million). Apex net profit turned out to be RMB0.45 billion (US$65.06 million), up 33.67% compared to the same period last year.
Lexmark operating revenue was registered to be RMB1.16 billion (US$167.72 million), up 9.34% compared to the same period. Lexmark printer sales volume increased 18% year-over-year, with an earnings before interest, taxes, depreciation, and amortization (EBITDA) of RMB0.13 billion (US$18.80 million), down 8% year-over-year. Lexmark net profit in the first half turned out to be RMB0.31 billion (US$44.82 million), up 111.56% year-over-year.
Pantum operating revenue turned out to be RMB2.11 billion (US$305.16 million), up 13% compared to the same period last year. Pantum printer sales volume increased 33% year-over-year and Pantum original consumables shipment increased 48% year-over-year along with the growth of printer installation. Pantum net profit increased 3% year-over-year to RMB0.36 billion (US$52.07 million).
*Source: the data is originated from Ninestar's Chinese-language report. The translation is provided by the Recycling Times.