Lenovo Group Posts 106% Higher Fiscal Q3 Profit

MT Newswires Live
20 Feb

Lenovo Group (HKG:0992) reported an attributable to equity holders of $693 million for the fiscal third quarter, a 106% increase from $337 million in the previous year, according to the filing with the Hong Kong bourse.

Earnings per share in the quarter ended Dec. 31, 2024, were $0.0535, compared with $0.0264 a year ago.

Revenue for the quarter was $18.8 billion, compared with $15.7 billion in the prior-year quarter.

The company's stocks were down by 6% at the close of trading.

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