Ninestar Forecasts Sharp Drop in Profits in H1 2023


Ninestar Corporation disclosed its net profit forecast for the first half of fiscal 2023 on July 14. The company expects its bottom line will decline sharply compared to the first half of 2022. The news does not come entirely as a surprise. In Q1 2023, Ninestar reported 11.7 percent revenue growth but a steep 52.0

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