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Lenovo Group ( (HK:0992) ) has provided an update.
Lenovo Group reported strong financial results for FY2024/25 Q3, with a 106% increase in profit attributable to equity holders and a 20% rise in revenue. The company’s strategic focus on Hybrid AI, cloud demand, and operational excellence across its business groups drove significant growth, positioning Lenovo as a leader in AI solutions. Lenovo’s ISG, IDG, and SSG divisions all achieved notable revenue growth, with ISG benefiting from cloud demand and IDG expanding its PC and smartphone market share. The company’s focus on innovation, sustainability, and strategic global partnerships, such as with Alat, are expected to enhance its growth trajectory and market diversification, especially in the Middle East and Africa.
More about Lenovo Group
Lenovo Group Limited, incorporated in Hong Kong, operates in the technology industry, focusing on infrastructure solutions, intelligent devices, and services. Its primary products include PCs, smartphones, and AI solutions, with a significant market presence globally, particularly outside China.
YTD Price Performance: 16.28%
Average Trading Volume: 124,462
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $20.04B
See more data about 0992 stock on TipRanks’ Stock Analysis page.
