Lenovo Delivers Profitable Second Quarter FY 2016/17 Results

 

LENOVO GROUP

FINANCIAL SUMMARY

For the fiscal quarter ended September 30, 2016

(in US$ millions, except per share data)

   


Q2 16/17


Q2 15/16


Y/Y CHG

Revenue   11,231 12,150 -8%
Gross profit   1,607 1,575 2%
Gross profit margin   14.3% 13.0% 1.3 pts
Operating expenses   (1,392) (2,359) -41%
Expenses-to-revenue ratio   12.4% 19.4% -7.0 pts
Operating profit/(loss)   215 (784) N/A
Other non-operating expenses   (47) (58) -18%
Pre-tax income/(loss)   168 (842) N/A
Taxation   (16) 125 N/A
Profit/(loss) for the period   152 (717) N/A
Non-controlling interests   (5) (3) 71%
Profit/(loss) attributable to equity holders  

157

(714)

N/A

EPS(US cents)        
Basic  

1.42

(6.43)

N/A

Diluted  

1.42

(6.43)

N/A

 

       

 



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