May 24, 2018 05:33 PM
BUSINESS & TECH
Chart: Lenovo Profit Drops 69% in Fiscal Fourth Quarter

Lenovo Group Ltd. reported that its profit declined 69% to $33 million in its fiscal fourth quarter, which ended in March, while revenue was up by 11% to $10.6 billion.
Shares of Hong Kong-listed Lenovo rose as much as 3.6% to HK$3.97 (50 U.S. cents) after the results were released at noon, but later gave back some of its gains to close 2.09% higher on the day.
The following is an updated table of Chinese company earnings during the first three months of the year, starting with the most recent to report.
![]() |
Share this article
Open WeChat and scan the QR code
MOST POPULAR
- 1Cover Story: China’s Last Big Bet on Its Energy Reform in Race to Cap Carbon Emissions
- 2Exclusive: Trump Signs Deal Keeping TikTok Online With New U.S.-Controlled Venture
- 3Exclusive: Citic Bank’s International Department Chief Becomes Unreachable
- 4In Depth: Starbucks, Burger King Overhaul China Strategies
- 5Beijing Reins In Hong Kong Crypto Rush, Tells Firms to Scale Back
GALLERY
SPONSORED
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas