Lenovo reports 64% profit decline in fiscal Q4
ReutersMay 22, 2025 4:21 AM
BEIJING, May 22 (Reuters) - China's Lenovo 0992.HK on Thursday reported a 64% decline in fourth-quarter profit, which it said was mostly due to a non-cash decline in the value of warrants.
Lenovo, the world's largest personal computer manufacturer, reported revenue of $16.98 billion for the quarter ended March 31. The figure exceeded analysts' expectations of $15.6 billion, LSEG data showed.
Net profit to the company's owners came in at $90 million, well short of analysts' estimate of $225.8 million.
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