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Lenovo Group's net profit in the fourth quarter was $118 million, up 261% year-on-year.

via:新浪科技     time:2019/5/23 13:05:48     readed:105

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Yang Yuanqing, chairman and CEO of Lenovo Group, said, "Today, the transformation has begun to show results, our performance has improved significantly, and more importantly, we have established new capabilities, multi-service operating systems are improving day by day, and the new cornerstone of future development has already taken shape. This enables us to proudly say that this is the best time for Lenovo.

In April 2019, Lenovo Group officially announced the company's "3S Strategy" at the annual swearing-in meeting Kick Off 2019. It set its vision as "Intelligence, Every Possibility" around the sustained efforts of Intelligent Internet of Things, Intelligent Infrastructure and Industry Intelligence.

The results show that in the fourth quarter, pre-tax profit increased nearly four times year on year, reaching 1.22 billion yuan, net profit reached 797 million yuan, an increase of 261% year on year. This is self-completed for IBM x86The serverFor the first time since the acquisition of Motorola Mobile, Lenovo has achieved a double increase in turnover and profits for all its main businesses.

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