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Wireless

Lenovo FY profits up strongly as Moto business turns around

Thursday 23 May 2019 | 09:06 CET | News
Lenovo reported a strong improvement in profits for the year to March, driven by cost-cutting and a return to profit at its mobile activities in the second half of the year. Revenues rose 12.5 percent to a record USD 51.0 billion, operating profit tripled to USD 1.2 billion, and the net profit rose to USD 597 million from USD 33 million a year ago. Lenovo proposed a final dividend of HKD 0.218, up from HKD 0.205 a year ago.

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Categories: IT / Mobile & Wireless
Companies: Lenovo
Countries: World
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Comments

It is good for Lenovo ....
Road Cheng @ 23/5/2019 - 11:08


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