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Lenovo announced a profit increase: how much did they earn?

Lenovo сообщила о росте прибыли: какие результаты они достигли?

Lenovo Group Limited, along with its subsidiaries, has announced the results for the second quarter of the 2024/25 fiscal year. The company reported a significant increase in profits, marking the fourth consecutive quarter of revenue growth, as well as a double-digit rise in revenue across all business groups.

Specifically, the group's revenue rose by 24% year-over-year, reaching $17.9 billion compared to $14.4 billion for the same period last year.

At the same time, Lenovo's net profit surged by 48% compared to the same period last year, increasing from $273 million to $404 million.