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HONG KONG - Friday, August 19th 2016 [ME NewsWire]

    Revenue was US$10.1 billion, down 6% (down 4% excluding foreign exchange impacts) YoY
    Pre-tax income of US$206 million, up 297% YoY
    Net income of US$173 million, up 64% YoY
    Positive developments across every business show transformation strategy’s traction
    Disruptive innovation balanced with operational efficiency accelerates Lenovo’s transformation into a high-growth, “Device + Cloud” company
    Basic EPS of 1.57 US cents, or 12.19 HK cents

(BUSINESS WIRE)-- Lenovo Group (HKSE: 0992) (PINK SHEETS: LNVGY) today announced results for its first fiscal quarter ended June 30, 2016. Quarterly revenue was US$10.1 billion, a six percent decrease year-over-year (or four percent decrease in constant currency). Quarter-to-quarter, this represented a 10 percent incr ... Read more »

Views: 170 | Added by: uaeonlinenews | Date: 08.20.2016


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