HONG KONG. - Thursday, May 22nd 2014 [ME NewsWire]
Full year volume records: 55 million PCs, 50 million smartphones and 9.2 million tablets
Record annual Revenue: US$38.7 billion, up 14%
Record Full Year Pre Tax Income: US$1.01 billion, up 27%, 1st time surpassing US$1 billion
Record Full Year Earnings: US$817 million, up 29%
Full year basic EPS of 7.88 US cents, or 61.13 HK cents
Net cash reserves of US$3.5 billion (as of March 31, 2014)
(BUSINESS WIRE) Lenovo Group today announced results for its fourth fiscal quarter and full-year ended March 31, 2014. With record full-year revenue of US$38.7 billion, an increase of 14 percent year-over-year, a record full-year pre-tax income of US$1.01 billion, up 27 percent year-over-year and record full year earnings of US$817 million, up 29 percent, Lenovo had a truly outstanding year.
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