Lenovo Delivers Strong Performance with Highest Quarterly Revenue in Four Years and Record Pre-Tax Income

* IDC CY2018 Q4 Worldwide Quarterly Personal Computing Device Tracker
** Top500 List of Supercomputers, 52nd edition, Nov. 2018 https://www.top500.org/lists/2018/11/ with 140 of the top 500 supercomputers, 56 systems ahead of the nearest competitor

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$45 billion Fortune Global 500 company and a global technology leader in driving Intelligent Transformation through smart devices and infrastructure that create the best user experience. Lenovo manufactures one of the world’s widest portfolios of connected products, including smartphones (Motorola), tablets, PCs (ThinkPad, Yoga, Lenovo Legion) and workstations as well as AR/VR devices and smart home/office solutions. Lenovo’s data center solutions (ThinkSystem, ThinkAgile) are creating the capacity and computing power for the connections that are changing business and society. Lenovo works to inspire the difference in everyone and build a smarter future where everyone thrives. Follow us on LinkedIn, Facebook, Twitter, Instagram, Weibo, read about the latest news via our StoryHub, or visit our website at https://www.lenovo.com.

     

LENOVO GROUP

FINANCIAL SUMMARY

For the fiscal quarter ended December 31, 2018

(In US$ millions, except per share data)

 
   

Q3 18/19

 

Q3 17/18

 

Y/Y CHG

Revenue   14,035     12,939     8 %
Gross profit   2,050     1,751     17 %
Gross profit margin   14.6 %   13.5 %   1.1 pts
Operating expenses   (1,616 )   (1,547 )   4 %
Expenses-to-revenue ratio   11.5 %   12.0 %   0.4 pts
Operating profit   434     204     112 %
Other non-operating expenses - net   (84 )   (54 )   55 %
Pre-tax income   350     150     133 %
Taxation   (85 )   (425 )   (80 %)
Profit/(loss) for the period   265     (275 )   N/A  
Non-controlling interests   (32 )   (14 )   125 %
Profit/(loss) attributable to equity holders   233     (289 )   N/A  
EPS (US cents)
Basic 1.96 (2.53 ) N/A
Diluted   1.92     (2.53 )   N/A  

Featured Video
Jobs
Business Technology Analyst for Surface Water Management at Everett, Washington
GIS Specialist for Washington State Department of Natural Resources at Olympia, Washington
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Senior Principal Software Engineer for Autodesk at San Francisco, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Equipment Engineer, Raxium for Google at Fremont, California
Upcoming Events
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
URISA GIS Leadership Academy at Embassy Suites Fort Worth Downtown 600 Commerce Street Fort Worth, TX - Nov 18 - 22, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise