![]() ![]() ![]() First quarter Group revenue continued hypergrowth to US$16.9 billion, up 27% year-on-year. Seizing these opportunities, Lenovo’s performance delivered significant year-on-year profitability improvements, with pre-tax income almost doubling to US$650 million (up 96%), and net income also more than doubled (up 119%), as net income margin reached 2.8%, the highest in many years. Opportunities created by accelerated digitalization, intelligent transformation and IT upgrades in devices, infrastructure, and applications around the world continue to fuel the Group’s long-term and sustainable profitability increases. Lenovo Group (HKSE: 992) (PINK SHEETS: LNVGY) today announced record fiscal first quarter results for the Group.
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