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2024-08-15 13:50:20
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Lenovo Releases Q1 Financial Report for FY2025: Yang Yuanqing Says Hybrid AI is a Huge Opportunity
Lenovo Group reported impressive performance in its Q1 FY2024/25 earnings report released today. As of June 30, 2024, the quarterly revenue reached 111.9 billion RMB, a 20% increase compared to the same period last year; according to non-Hong Kong financial reporting standards, net profit approached 2.3 billion RMB, achieving a remarkable 65% year-on-year growth. Furthermore, the revenue share from non-PC businesses reached a record 47%.