Press Release: Lenovo Group: Second Quarter Financial Results 2024/25

Dow Jones11-15
-------------------------------------------  ---------  ---------  --------- 
Gross profit                                 2,796      2,522      11% 
-------------------------------------------  ---------  ---------  --------- 
Gross profit margin                          15.7%      17.5%      (1.8) pts 
-------------------------------------------  ---------  ---------  --------- 
Operating expenses                           (2,145)    (2,008)    7% 
-------------------------------------------  ---------  ---------  --------- 
R&D expenses 
 (included in operating expenses)            (548)      (498)      10% 
-------------------------------------------  ---------  ---------  --------- 
Expenses-to-revenue ratio                    12.0%      13.9%      (1.9) pts 
-------------------------------------------  ---------  ---------  --------- 
Operating profit                             651        514        27% 
-------------------------------------------  ---------  ---------  --------- 
Other non-operating income/(expenses) - net  (178)      (156)      13% 
-------------------------------------------  ---------  ---------  --------- 
Pre-tax income                               473        358        32% 
-------------------------------------------  ---------  ---------  --------- 
Taxation                                     (90)       (69)       31% 
-------------------------------------------  ---------  ---------  --------- 
Profit for the period                        383        289        33% 
-------------------------------------------  ---------  ---------  --------- 
Non-controlling interests                    (24)       (40)       (38)% 
-------------------------------------------  ---------  ---------  --------- 
Profit attributable to equity holders        359        249        44% 
-------------------------------------------  ---------  ---------  --------- 
Profit attributable to equity holders- 
 non-HKFRS [1]                               404        273        48% 
-------------------------------------------  ---------  ---------  --------- 
EPS (US cents) 
 Basic                                        2.92       2.09       0.83 
 Diluted                                      2.78       1.99       0.79 
-------------------------------------------  ---------  ---------  --------- 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20241114306608/en/

 
    CONTACT:    Hong Kong -- Angela Lee, angelalee@lenovo.com, +852 2516 4810 

London -- Charlotte West, cwest@lenovo.com, +44 7825 605720

Zeno Group - LenovoWWcorp@zenogroup.com

 
 

(END) Dow Jones Newswires

November 14, 2024 18:37 ET (23:37 GMT)

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