Lenovo News, Wednesday, May 24,2023
Vol 302 · Issue 4
· 2023-05-24
Lenovo announced full-year results, reporting Group revenue of US$62 billion and net income of US$1.6 billion, or US$1.9 billion on a non-Hong Kong Financial Reporting Standards (HKFRS) basis. Revenue from non-PC businesses reached a fiscal year high of nearly 40%, giving thanks to Lenovo's diversified growth engines of Solutions and Services Group (SSG) and Infrastructure Solutions Group (ISG) growing revenue to record highs of US$6.7 billion and US$9.8 billion respectively, up 22% and 37% year-on-year.
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