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BRIEF-Lenovo Group says qtrly loss attributable $72 mln vs profit of $173 mln
August 18, 2017 / 12:30 AM / a month ago

BRIEF-Lenovo Group says qtrly loss attributable $72 mln vs profit of $173 mln

Aug 18 (Reuters) - Lenovo Group Ltd

* Qtrly ‍group revenue of us$10b, remains flat yty

* Qtrly loss attributable to equity holders of company $72 mln vs profit of $173 mln

* For fiscal quarter ended june 30, 2017, revenue of group’s pcsd business was us$7,005 mln largely flat

* “Group is committed to invest in AI, IOT, Big Data and VR/AR with US$1.2 bln investment over next four years”

* Qtrly mobile business revenue was us$1,746 mln, up 2 pct

* Market conditions remain challenging in short term, notably component supply shortage and cost hike are expected to continue​​​​ Source text for Eikon: Further company coverage:

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