Lenovo's net profit rises 20% on year

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Lenovo Group Ltd. (0992.HK) said net profit in its fiscal second quarter rose 20% on year, as margins were boosted by a better product mix in the personal-computer business. Net profit in the July-to-September period was $202 million, the world's biggest PC maker by shipments said Thursday. Revenue rose 1.1% on year to $13.52 billion, primarily due to an 8% growth in personal computer sales.

Source: News Formal (newsformal.com)

 

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