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Lenovo Group Ltd (0992.HK)

0992.HK on Hong Kong Stock

5.72HKD
1:18am EDT
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HK$5.72
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Thu, May 23 2019

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PC maker Lenovo books fourth-quarter profit surge, says production unaffected by trade war

HONG KONG Tech giant Lenovo Group Ltd on Thursday reported a market-beating three-fold surge in quarterly profit helped by strong personal computer (PCs) sales, and said its production plans had not been affected by the ongoing Sino-U.S. trade war.

UPDATE 2-PC maker Lenovo books Q4 profit surge, says production unaffected by trade war

* PC maker says can handle "geopolitical uncertainties" (Adds further earnings details, CEO comments, shares, Sino-U.S. trade context)

Lenovo Group Q4 profit surges more than three-fold

HONG KONG, May 23 Lenovo Group reported a more than three-fold increase in its quarterly profit thanks to strong computer sales.

PC maker Lenovo's third-quarter profit beats expectations, powering share surge

HONG KONG Lenovo Group, the world's largest personal computer maker, posted better-than-expected quarterly results and shrugged off the impact of a bruising Sino-U.S. trade war, sending its shares soaring 11 percent to three-year highs.

Breakingviews - Lenovo’s reboot could run low on battery

HONG KONG (Reuters Breakingviews) -     Lenovo's reboot could run low on battery. The world's top PC-maker more than doubled pre-tax earnings in the December quarter from a year earlier, confirming a turnaround under boss Yang Yuanqing is underway. That's mostly powered by cost cuts in the $9 billion group's handset and server units. But with demand cooling for both, a Lenovo comeback may be difficult to sustain.

UPDATE 2-PC maker Lenovo's Q3 profit beats expectations, powering share surge

* Revenue rises 8.5 pct on strong performance in major businesses

PC maker Lenovo returns to Q3 profit, beats estimates

HONG KONG, Feb 21 Lenovo Group Ltd said on Thursday it swung back to a net profit in the December quarter, beating market expectations, due to a strong performance across its major business groups.

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