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LENOVO GROUP Is Confident in Addressing Geopolitical Risks, Improving Interim Net Profit Margin
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Yang Yuanqing, Chairman and CEO of LENOVO GROUP (00992.HK), said at a results conference that geopolitical factors have now become a key consideration in any industry and company's operations around the world. Yang believed that the newly announced interim results show that the Group still has growth momentum, and is confident of its future market differentiation and leadership. It is too early to comment on the potential policies of the next US administration, and reiterated LENOVO GROUP's confidence in dealing with various geopolitical risks, Yang said. The Company will improve its net profit margin in the interim period while driving long-term growth through its digital transformation, Wai Ming Wong, Executive Vice President and CFO of LENOVO GROUP, added. Wong believed that the growth momentum of its three business groups will be sustained and profitability will continue to improve. AAStocks Financial News |
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