Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Company - Domestic
 Search News  Or
Lenovo reports 54% growth in fiscal Q3 net profit

Feb. 9, 2012 (China Knowledge) - Lenovo Group Ltd<0992>, the world's second-largest PC maker, today reported a better-than-expected net profit of US$153.46 million for the quarter ended Dec. 30, sources reported.

The fiscal Q3 net profit was 54% more than the US$99.65 million in the same period of 2010, boosted by a significant increase in PC shipments.

The company's revenue rose 44% year on year to US$8.37 billion during the period from October to December.

In the fiscal third quarter, the company's PC shipments reached 12.5 million units, thus making the firm surpass Dell to become the world's second-largest PC brand.

However, Lenovo warned that its PC shipments in the fourth quarter could be affected by the recent floods in Thailand and a worldwide shortage in hard disk drives.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved