ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Nikkei Markets

Lenovo Group 2Q Net Profit Down 11% On Higher Operating Expenses

By Hong Kong Newsroom
Nikkei Markets
HONG KONG (Nov 02) -- Lenovo Group, a Chinese personal computer company, said Thursday its net profit for the fiscal second quarter fell 11%, dragged by higher operating costs.

Net profit for the three months ended Sep. 30 was $139 million as compared with $157 million a year earlier, the company said in an exchange filing. Revenue increased 5% on-year to $11.76 billion.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more