Ricoh reports last quarter’s earnings
Net sales up 2.2% to 418.6 billion yen ($3.8 billion)
- Gross profit up 8.7% to 152.5 billion yen ($1.4 billion)
- Operating profit of 7.4 billion yen ($67 million)
- Net profit of 6.3 billion yen ($57 million)
- Digital Services division sales up 1.9% to 342.1 billion yen ($3.1 billion)
o Includes MFPs, printers, wide format, scanners, etc.
o Hardware sales up 58.6%
o Operating profit of 3.5 billion yen ($32 million)
- Digital Products sales up 58.6% to 3.7 billion yen ($34 million)
o Operating profit of 8.1 billion yen ($74 million)
- Total liabilities of 908.6 billion yen
- Total debt of 235 billion yen