Caixin
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.

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