Wednesday, June 08, 2005

Lenovo Says Full-Year Profit Rose

From Forbes: Lenovo Says Full-Year Profit Rose

"China's Lenovo Group Ltd., which recently bought IBM's personal computer business, said Wednesday its full-year profit rose 6 percent, helped by PC sales to individual consumers. Net profit in the year that ended March 31 rose to 1.12 billion Hong Kong dollars ($143 million) from HK$1.05 billion the previous fiscal year, Lenovo said. However, the company said revenue dropped to HK$22.55 billion (US$2.89 billion) from HK$23.18 billion."


Post a Comment

<< Home