Lenovo today announced record quarterly results with historic highs for both profit and revenue, which topped $US20 billion for the first time. Net income grew at a rate of over 50{93486410d65ab4c22f1925dba97444a1d889a389c7d5a800942ed0eabf5969fa} for the 6th consecutive quarter, with Q3 growing 62{93486410d65ab4c22f1925dba97444a1d889a389c7d5a800942ed0eabf5969fa} year-on-year to a record US$640 million. Net income margin improved by nearly one point, on track towards the Group’s goal of doubling in three years. Pre-tax income was a record US$855 million, up 45{93486410d65ab4c22f1925dba97444a1d889a389c7d5a800942ed0eabf5969fa} year-on-year, and Group revenue continued its strong growth trajectory hitting a record US$20.1 billion, up 17{93486410d65ab4c22f1925dba97444a1d889a389c7d5a800942ed0eabf5969fa} year-on-year.
The company’s focus on innovation and profitability, supported by its operational excellence, has helped it navigate wider industry supply challenges and delivered rapid growth and profitability across all key business groups and geographies.
Learn more in the infographic below and check out the full press release.
