Legend Holdings Corporation announced that its listed subsidiary, Lenovo Group, recorded solid top- and bottom-line growth for the fiscal year ended 31 March 2026.
Revenue and Profitability • Revenue climbed 20.20% year on year to USD 83.08 billion, driven by broad-based momentum across the business. • Gross profit rose 15.41% to USD 12.81 billion, with the annual gross margin edging down to 15.4% from 16.1%. • Operating profit expanded 50.71% to USD 3.26 billion, reflecting improved scale and cost control. • Net profit attributable to equity holders increased 38.15% to USD 1.91 billion, translating into basic earnings per share of USD 0.1563. • For the March-quarter alone, revenue reached USD 21.59 billion and net profit attributable to shareholders was USD 0.52 billion.
Expense and Non-Operating Items • Annual operating expenses rose 6.86% to USD 9.55 billion, a slower pace than revenue growth, underpinning the stronger operating margin of 3.9% (FY2024/25: 3.1%). • Net non-operating expenses narrowed 13.33% to USD 0.59 billion, supporting the 80.25% year-on-year increase in profit before tax to USD 2.67 billion.
Balance-Sheet Highlights (as at 31 March 2026) • Total assets stood at USD 57.13 billion, up from USD 44.23 billion a year earlier. • Total liabilities rose to USD 48.69 billion, resulting in total equity of USD 8.44 billion, of which USD 7.64 billion was attributable to Lenovo shareholders. • The equity base expanded 25.87% year on year, reflecting retained earnings growth.
Cautionary Note Legend Holdings reminded investors that Lenovo Group represents only one segment of its overall portfolio and that Lenovo’s financials do not provide a complete picture of the parent company’s consolidated performance. Shareholders are advised to exercise caution when trading Legend Holdings’ securities.
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