Lenovo Posts Third Quarter 2013/14 Results

         

LENOVO GROUP

FINANCIAL SUMMARY

For the fiscal quarter ended December 31, 2013

 

(in US$ millions, except per share data)

 
 
Q3
13/14
   
Q3
12/13
   
Y/Y
CHG
Revenue 10,789       9,359       15 %
Gross profit 1,363       1,190       15 %
Gross profit margin 12.6 %     12.7 %     -0.1pt  
Operating expenses (1,029 )     (947 )     9 %
Expenses-to-revenue ratio 9.5 %     10.1 %     -0.6 pt  
Operating profit 334       243       37 %
Other non-operating (expenses) / income (13 )     3       n/a  
Pre-tax income 321       246       30 %
Taxation (56 )     (46 )     20 %
Profit for the period 265       200       33 %
Non-controlling interests 0       (5 )     n/a  
Profit attributable to equity holders 265       205       30 %
EPS (US cents)
Basic 2.56 1.99
Diluted 2.52       1.96        



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