With an eye to the future, Lenovo’s Capital and Incubator Group (LCIG) continues to invest and build the Group’s next-generation IT capabilities in AI, IoT, Big Data and VR/AR across various sectors such as manufacturing, healthcare and transportation.
About Lenovo
Lenovo (HKSE: 0992) (PINK SHEETS: LNVGY) is a US$45 billion Fortune Global 500 company and a global technology leader in driving Intelligent Transformation through smart devices and infrastructure that create the best user experience. Lenovo manufactures one of the world’s widest portfolio of connected products, including smartphones (Motorola), tablets, PCs (ThinkPad, Yoga, Lenovo Legion) and workstations as well as AR/VR devices and smart home/office solutions. Lenovo’s data center solutions (ThinkSystem, ThinkAgile) are creating the capacity and computing power for the connections that are changing business and society. Lenovo works to inspire the difference in everyone and build a smarter future where everyone thrives. Follow us on LinkedIn, Facebook, Twitter, Instagram, Weibo, read about the latest news via our Storyhub, or visit our website at http://www.lenovo.com/.
| LENOVO GROUP | ||||||||||
| FINANCIAL SUMMARY | ||||||||||
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For the fiscal quarter ended June 30, 2018 |
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(In US$ millions, except per share data) |
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Q1 17/18 |
Y/Y CHG |
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| Revenue | 11,913 | 10,012 | 19 | % | ||||||
| Gross profit | 1,632 | 1,365 | 20 | % | ||||||
| Gross profit margin | 13.7 | % | 13.6 | % | 0.1 pts | |||||
| Operating expenses | (1,452 | ) | (1,371 | ) | 6 | % | ||||
| Expenses-to-revenue ratio | 12.2 | % | 13.7 | % | (1.5) pts | |||||
| Operating profit/(loss) | 180 | (6 | ) | N/A | ||||||
| Other non-operating expenses | (67 | ) | (63 | ) | 7 | % | ||||
| Pre-tax income/(loss) | 113 | (69 | ) | N/A | ||||||
| Taxation | (28 | ) | 15 | N/A | ||||||
| Profit/(loss) for the period | 85 | (54 | ) | N/A | ||||||
| Non-controlling interests | (8 | ) | (18 | ) | (55 | )% | ||||
| Profit/(loss) attributable to equity holders | 77 | (72 | ) | N/A | ||||||
| EPS (US cents) |
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| Basic | 0.65 | (0.66 | ) | N/A | ||||||
| Diluted | 0.65 | (0.66 | ) |
N/A |
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