Ricoh’s Revenue Rises in Q1 2024 but Profit Tumbles on Weak Office Printing Results

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On August 6, Ricoh Company, Ltd. announced its financial results for the three-month period ended June 30, 2023, which was the first quarter of fiscal 2024 for the company. While Ricoh grew its top line, operating profit tumbled and net profit shrank. Still, Ricoh maintained its full-year forecast, saying the earnings declines in Q1 were

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