Lenovo Posts Second Quarter 2013/14 Results

     

LENOVO GROUP

FINANCIAL SUMMARY

For the fiscal quarter ended September 30, 2013

 

(in US$ millions, except per share data)

 
 
Q2
13/14
 
Q2
12/13
 
Y/Y
CHG
Revenue 9,774   8,672   13%
Gross profit 1,265   1,139   11%
Gross profit margin 12.9%   13.1%   -0.2pts
Operating expenses (982)   (933)   5%
Expenses-to-revenue ratio 10.0%   10.8%   -0.8pts
Operating profit 283   206   38%
Other non-operating expenses (18)   (2)   936%
Pre-tax income 265   204   30%
Taxation (51)   (41)   25%
Profit for the period 214   163   31%
Non-controlling interests 6   (1)   N/A
Profit attributable to equity holders 220   162   36%
EPS (US cents)
Basic 2.12 1.58
Diluted 2.10   1.55    

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