Financial news
Written by: Zhang Weilun
2020-02-20 13:07
Last updated: 2020-02-20 13:08Lenovo Group (0992) has announced the third quarter results of the current fiscal year at noon. Quarterly pre-tax profit hit a record high. The stock price rose significantly in the afternoon. The latest report was 5.81 yuan, up 7.2%.
Announced third-quarter results. As of the end of December last year, net profit was 258 million yuan (USD ‧ the same below), up 10.72% year-on-year.
The Group explained that the highest pre-tax profit recorded during the period was mainly due to the record pre-tax profit margins achieved in the personal computer and smart device business, while the mobile business remained profitable. The data center group business also continued to improve.
[Wuhan pneumonia] earns more than 10% in the third quarter, Lenovo expects to stimulate demand after the epidemic is stable
Transaction stock Lenovo Group company performance