Company Profile For Lenovo Group Limited

Lenovo Group Limited (0992.HK) (Hong Kong Stock)

sector: Technology · industry: Computer Hardware ·

As of 24 Nov 2009

4.32HKD

Price Change

-0.02

Percent Change

-0.46%

Analyst Recommendations

Overview

Lenovo Group Limited is an investment holding company. The Company develops, manufactures and markets technology products and services worldwide. The Company, through its subsidiaries is engaged in manufacturing and distribution of information technology (IT) products and provision of IT services, property holding and property management, procurement agency, group treasury, supply chain management, intellectual property rights management, and provision of repair services for computer hardware and software systems. The Company’s subsidiaries include Lenovo (Beijing) Limited, Lenovo (Shanghai) Co., Ltd., Lenovo (Asia Pacific) Limited, Beijing Lenovo Software Limited, Huiyang Lenovo Industry Property Limited and Lenovo (Canada) Inc. On March 31, 2008, the Company disposed its interest in Greater China mobile handset operations.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Lenovo Group Ltd's revenues decreased 12% to $7.56B. Net income decreased 72% to $37.1M. Revenues reflect a decrease in income from emerging markets & lower income from mature markets segment. Net income also reflects an increase in research & development expenses, increased finance costs, a decrease in finance income and decreased gross profit margin of the company.