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LENOVO GROUP Once Surges 4%+ Post Results w/ NP More Than Doubling Last FQ
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LENOVO GROUP (00992.HK) opened flat this morning (20th) and once reached a nearly ten-year high of $13.18 during early trading. It ended the midday up 2.1% at $12.84.

Following its announcement of 3FQ results at noon, LENOVO GROUP leaped by 4.3% at one point to $13.12 soon after midday. It was last at $12.88, up 2.4%, on a turnover of $1.481 billion.

Related NewsCLSA Downgrades LENOVO GROUP (00992.HK) to Hold, Adds TP to $11.8
For the FQ ended December 2024, LENOVO GROUP's revenue was US$18.796 billion, up 19.6% YoY, marking the highest quarterly sales in the past three years and the second-highest in the group's history.

The group's net profit amounted to US$693 million, up 105.5% YoY, with EPS at US$5.66 cents. Non-HKFRS net profit was strong at US$430 million, with a 20% YoY growth.
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