Home / Knowledge / News / Textiles / Epson Q1 2017 printing solutions profit up 71.9% y-o-y
Epson Q1 2017 printing solutions profit up 71.9% y-o-y
28
Jul '17
For the first quarter of 2017, the revenue of Epson printing solutions was 22.1 billion, up 71.9 per cent compared to the first quarter of 2016. Profit in the printing solutions segment increased due to a combination of growth in sales of high capacity ink tank inkjet printers and large-format inkjet printers, and foreign exchange effects.

There was an increase in the printer business revenue. Inkjet printer revenue continued to expand, as high-capacity ink tank printer unit shipments jumped in emerging economies and as increased market recognition sparked unit shipment growth in developed countries, as well. Foreign exchange effects also boosted inkjet revenue.

There was a rise in consumables revenue owing to an increase in unit shipments and to foreign exchange effects. POS system product revenue increased because of firm demand for low-end models in Japan, increased unit shipments resulting from some major contract wins in Europe and North America, and foreign exchange effects.

However, the company's page printer sales decreased due to a slump in consumables sales in addition to a decline in unit shipments, the result of Epson's focus on selling high added value models. Serial-impact dot-matrix printer revenue also declined compared to the same period last year, when there was special demand in the Chinese tax collection system market. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

VF Corporation to split into two independent companies

Apparel/Garments | On 14th Aug 2018

VF Corporation to split into two independent companies

VF Corporation, a global leader in branded lifestyle apparel,...

Courtesy: Good On You

Apparel/Garments | On 14th Aug 2018

Good On You in Oz adds 500 European brands to rating app

Australia-based Good On You’s brand-rating app has recently added 500 ...

Courtesy: USDA/FAS

Textiles | On 14th Aug 2018

US cotton exports in 2017-18 highest in over a decade

Cotton exports from the US in 2017-18 reached their highest level...

Interviews View All

Top executives
Textile industry, India

The event should be organised every year

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search