Lenovo Delivers Robust, Sustainable, And Accelerated Growth - Focus On Hybrid AI Driving Market Differentiation And Industry Leadership
Lenovo News, Friday, November 15th, 2024
Lenovo announced Q2 results for fiscal year 2024/25, reporting significant increases and growth in net income, year-on-year revenue growth for the 4th consecutive quarter, and strong double-digit year-on-year revenue increases from all its business groups.
Lenovo together with its subsidiaries ('the Group'), today announced Q2 results for fiscal year 2024/25, reporting significant increases and growth in net income, year-on-year revenue growth for the 4th consecutive quarter, and strong double-digit year-on-year revenue increases from all its business groups.
Group revenue increased 24% year-on-year to US$17.9 billion. Net income was up 48% year-on-year to US$404 million on a non-Hong Kong Financial Reporting Standards (non-HKFRS) basis, and non-PC revenue mix was up five points year-to-year to 46%.