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Redirecting to Lenovo Group: Full Year Financial Results 2020/21

Redirecting to Lenovo Group: Full Year Financial Results 2020/21
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Lenovo Records Group Revenue Surge Past $60 Billion - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

Image sourced from GSMArena
Lenovo has announced its results for the Group as well as its fourth quarter and fiscal year, revealing growth across all parts of the business. The company says its results demonstrate the Group’s resilience and ability to achieve balanced, consistent, and sustainable growth.
“Last quarter, we delivered our fastest-growing quarter in almost a decade and closed the fiscal year with the new milestone of passing $60 billion in revenue and significant growth in profit to a new record. These historic highs were achieved by leveraging our core competencies of a clear strategy, innovative products, operational excellence, and global-local model to meet the new needs in the New Normal,” says Yuanqing Yang, Lenovo Chairman and CEO. ....

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Lenovo SA mirrors global success

Lenovo SA mirrors global success
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Lenovo Group: Full Year Financial Results 2020/21 – Consumer Electronics Net

Lenovo Group: Full Year Financial Results 2020/21 – Consumer Electronics Net
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Lenovo revenues, profits soar to record highs – sales top $60B for first time

MORRISVILLE –Lenovo rode increasing demand for a wide variety of products and services, including its world-leading PC business, to report records for revenue and profits during the year of COVID-19.
Corporate revenues soared to $60 billion – up $10 billion from the previous year.
And earnings hit $1.2 billion, up 70% year over year.
The performance led CEO and Chair Yang Yuanqing to hail the firm’s performance.
“Last quarter, we delivered our fastest growing quarter in almost a decade and closed the fiscal year with the new milestone of passing US$60 billion in revenue and significant growth in profit to a new record,” he said in a statement. ....

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