Lenovo Group's decline expanded to over 3%, with a 21% decrease in profit last season

AASTOCKS
2026.02.12 05:09

Lenovo Group (00992.HK) announced at noon that its net profit for the last quarter fell 21% year-on-year to USD 546 million. The stock price dropped further in the afternoon, hitting a low of HKD 9.05. It is currently reported at HKD 9.13, down 3.18%, with a trading volume of 83.0373 million shares, involving HKD 769 million.

Lenovo Group's revenue for the third fiscal quarter ending last December increased 18% year-on-year, reaching a record USD 22.2 billion (the same below). Net profit fell 21% year-on-year to USD 546 million; earnings per share were 4.44 cents. Under non-Hong Kong Financial Reporting Standards, after excluding one-time restructuring costs, non-cash fair value gains from warrants, nominal interest from convertible bonds, and other non-cash items, adjusted net profit increased 36% year-on-year to USD 589 million. During the period, the gross profit margin decreased by 0.6 percentage points to 15.1%

Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
© 2026 Longbridge｜Disclaimer