Lenovo reports 64% profit decline in fiscal Q4
22/05/2025 05:21
By Che Pan and Brenda Goh BEIJING, May 22 (Reuters) - China's Lenovo 0992.HK on Thursday reported a 64% decline in fourth-quarter profit, which it said was mostly due to a non-cash decline in the value of warrants. Lenovo, the world's largest personal computer manufacturer, reported revenue of $16.98 billion for the quarter ended March 31. The figure exceeded analysts' expectations of $15.6 billion, LSEG data showed. Net profit to the company's owners came in at $90 million, well short of analysts' estimate of $225.8 million. (Reporting by Che Pan and Brenda Goh; Editing by Sonali Paul) ((Che.Pan@thomsonreuters.com;))