Tech firm Lenovo Group Ltd (LNVGF.PK,0992.HK) reported Thursday lower profit in its third quarter, hurt by one-time charges, despite higher revenues.
In Hong Kong, the shares were trading 2 percent lower, at HK$9.250.
In the third quarter, net income attributable to equity holders fell 21 percent to $546 million from last year's $693 million. Earnings per share dropped to 3.90 US cents from 5.35 US cents a year ago.
Adjusted net income was $589 million, compared to $435 million last year.
Group revenue climbed 18 percent to reach an all-time fiscal quarter high of $22.20 billion from prior year's $18.80 billion. Revenue from all business groups grew double-digit year-on-year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.