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Lenovo — Archive · Vol 308 Issue 3

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Lenovo News, Thursday, November 16,2023

Lenovo Sees Signs of Recovery across Technology Sector - Delivers Quarter-on-Quarter Performance Improvements and Further Accelerates AI Leadership

Vol 308 · Issue 3 · 2023-11-16

Lenovo Group Limited (HKSE: 992) (ADR: LNVGY), together with its subsidiaries ('the Group'), today announced second quarter results reporting Group revenue of US$14.4 billion and net income of US$273 million on a non-Hong Kong Financial Reporting Standards (HKFRS)'1' basis. Gross profit margin improved year-on-year to 17.5%, a record high for a second quarter.

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Lenovo Sees Signs of Recovery across Technology Sector - Delivers Quarter-on-Quarter Performance Improvements and Further Accelerates AI Leadership