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Konica Minolta Inc. Shares Rise After Raising Revenue Guidance

Por: MarketWatch Business November 04, 2022

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Konica Minolta reported a net profit of 2.0 billion yen ($13.5 million) for the quarter ended Sept. 30 following four consecutive quarterly losses. Its fiscal second-quarter revenue rose 31% to Y282.9 billion thanks to improvement in supply of parts and logistics. The company raised its full-year revenue guidance to Y1.120 trillion from Y1.020 trillion previously, as it expects to fulfill customer orders more quickly. Write to Justina Lee at... + full article



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