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LENOVO GROUP Opens 4.9% Higher as 4FQ Net Profit Rallies ~4.8x
Recommend 9 Positive 18 Negative 5 |
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LENOVO GROUP (00992.HK) reported that for the fourth fiscal quarter and full fiscal year ended March, key metrics largely beat market expectations. The stock opened 4.9% higher this morning (22nd) at HKD13.79, with pre-market turnover of 4.7399 million shares, involving HKD65.3626 million. For the full year, revenue reached a record high of USD83.075 billion, up 20.3% YoY. Net profit grew 38.1% YoY to USD1.911 billion, with basic EPS of USD15.63 cents. A final dividend of HKD33.7 cents per share was declared, compared with HKD30.5 cents in the same period last year. For the fourth fiscal quarter alone, revenue reached a record USD21.588 billion, up 27.1% YoY, marking the fastest growth rate in the past five years. Net profit surged 4.79x YoY to USD521 million, with basic EPS of USD4.32 cents. Adjusted profit attributable to equity holders rallied 101% YoY to USD559 million. AI-related revenue mounted 84% YoY, accounting for 38% of the Group's total revenue. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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