Lenovo Group Limited

992 HK0992009065

Computer Hardware

Market Closed - Hong Kong S.E. Other stock markets 04:08:12 2024-06-14 EDT			5-day change	1st Jan Change
10.74 ^HKD	-1.10%		+0.94%	-1.65%

06-05	Veeam Software and Lenovo Introduces TruScale Backup with Veeam	CI
06-04	Lenovo Delivers Next Generation of Intel-Based Infrastructure Solutions to Simplify the AI Journey for Businesses of All Sizes	CI

Lenovo Group Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024

May 23, 2024 at 02:14 am

Lenovo Group Limited reported earnings results for the fourth quarter ended March 31, 2024. For the fourth quarter, the company reported sales was USD 13,833 million compared to USD 12,635 million a year ago. Net income was USD 248 million compared to USD 114 million a year ago.

Basic earnings per share from continuing operations was USD 0.0202 compared to USD 0.0095 a year ago. Diluted earnings per share from continuing operations was USD 0.0195 compared to USD 0.0093 a year ago.

Latest news about Lenovo Group Limited

Veeam Software and Lenovo Introduces TruScale Backup with Veeam	06-05	CI
Lenovo Delivers Next Generation of Intel-Based Infrastructure Solutions to Simplify the AI Journey for Businesses of All Sizes	06-04	CI
AMD launches new AI chips to take on leader Nvidia	06-02	RE
CISI Financial Unit Buys $8.2 Million Lenovo Bonds	05-31	MT
Cisco, Lenovo Collaborate on AI Solutions for Enterprise Customers	05-30	MT
Lenovo and Cisco Systems, Inc. Announce Strategic Partnership to Simplify Path to Ai Innovation	05-30	CI
Global markets live: BHP, Anglo American, Lenovo, Nvidia, Apple...	05-29
Saudi Government Investments, Deals Prop Up Tadawul Shares	05-29	MT
Lenovo Expands Mideast Ties With $2 Billion Convertible Bond, Saudi Fund Deal -- Update	05-29	DJ
Transcript : Lenovo Group Limited - Special Call	05-29
Saudi Wealth Fund Signs Subscription Deal For Lenovo's $2 Billion Convertible Bond Issuance	05-29	MT
EMEA Morning Briefing : Shares Seen Lower as Bond Yields Climb	05-29	DJ
Lenovo Group to Issue Warrants Worth HK$1.6 Billion	05-28	MT
Lenovo Releases the Newest Iteration of Its Work for Humankind Project	05-28	CI
Lenovo Group Signs Collaboration Deal with Saudi Arabia's Industrial Company; to Issue $2 Billion Convertible Bonds	05-28	MT
Lenovo to Issue $2.0 Billion Convertible Bonds to Saudi Sovereign Wealth Fund	05-28	DJ
Lenovo to issue $2 bln of convertible bonds to Saudi's Alat to repay debt	05-28	RE
Lenovo Group Limited Announces to Launch New Regional Headquarters for MEA Region in Riyadh and New Manufacturing Facility in Kingdom of Saudi Arabia	05-28	CI
Lenovo Group Limited and Alat Enter into Strategic Collaboration Framework Agreement	05-28	CI
Lenovo Group Limited announced that it expects to receive HKD 17.2675 billion in funding from Alat	05-27	CI
China stocks rise as industrial profits grow; energy, semiconductor shares lead gains	05-27	RE
Jio Financial plans $4.33 billion deal with Reliance Retail	05-24	RE
Lenovo Group Limited Announces Committee Changes	05-23	CI
Tech Drops, as Rate Fears Offset Nvidia Bonanza - Tech Roundup	05-23	DJ
Global markets live: Anglo American, Nvidia, Apple, Amazon, Tesla, Walt Disney...	05-23

Chart Lenovo Group Limited

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Company Profile

Lenovo Group Limited specializes in designing, manufacturing and marketing computers, servers and mobile devices. Net sales break down by family of products and services as follows: - laptops and desktops, smartphones and tablets (83.2%); - data center solutions (7.3%): servers, storage systems, software, networking systems, etc.; - software solutions and managed services (7.3%). Net sales break down geographically as follows: China (25.7%), Asia/Pacific (16.4%), Americas (32.4%) and Europe/Middle East/Africa (25.5%).

Sector

Computer Hardware

Calendar

2024-07-30 - Final dividend

Related indices

HONG KONG HANG SENG

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Ratings for Lenovo Group Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.375 USD

Average target price

1.599 USD

Spread / Average Target

+16.31%

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