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Lenovo Group Ltd (0992.HK)

0992.HK on Hong Kong Stock

5.66HKD
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Latest Key Developments (Source: Significant Developments)

Lenovo Posts Net Profit Attributable Of $118 Mln
Thursday, 23 May 2019 

May 23 (Reuters) - Lenovo Group Ltd <0992.HK>::QTRLY NET PROFIT ATTRIBUTABLE $118 MILLION VERSUS $33 MILLION.QTRLY REVENUE $11,710 MILLION VERSUS $10,638 MILLION.RECOMMEND PAYMENT OF A FINAL DIVIDEND OF HK21.8 CENTS PER SHARE.PCSD BUSINESS PRE-TAX PROFIT MARGIN UP 0.8 PERCENTAGE POINTS YEAR-ON-YEAR TO 5.2% IN FISCAL YEAR .SAYS GROUP WELL POISED TO NAVIGATE TURBULENCE IN GEOPOLITICAL AND MACRO-ECONOMIC ENVIRONMENT.PCSD BUSINESS WAS UP 14 PERCENT YEAR-ON-YEAR TO A RECORD REVENUE OF US$38,475 MILLION FOR FISCAL YEAR.  Full Article

Lenovo Q3 Profit Attributable $233 Mln
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Lenovo Group Ltd <0992.HK>::Q3 PROFIT ATTRIBUTABLE $ 233 MILLION VERSUS LOSS OF $289 MILLION.Q3 REVENUE $14,035 MILLION VERSUS $12,939 MILLION.Q3 MOBILE BUSINESS REVENUE US$1,669 MILLION, DOWN 20 PERCENT.Q3 PCSD BUSINESS ACHIEVED RECORD REVENUE OF US$10,729 MILLION, AN INCREASE OF 12 PERCENT YEAR-ON-YEAR .  Full Article

Sony Interactive Entertainment, Lenovo Signs Patent License Deal For Virtual Reality Headsets
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Lenovo Group Ltd <0992.HK>::SONY INTERACTIVE ENTERTAINMENT AND LENOVO™ ANNOUNCE DESIGN PATENT LICENSE AGREEMENT FOR VIRTUAL REALITY HEADSETS.AGREEMENT PROVIDES CO WITH LICENSE TO USE SIE'S PATENTED PLAYSTATION®VR INDUSTRIAL DESIGN FOR LENOVO MIRAGE SOLO VIRTUAL REALITY HEADSET.  Full Article

Lenovo And Netapp Form Global Strategic Partnership To Accelerate Customers’ Digital Transformation
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Lenovo Group Ltd <0992.HK>::LENOVO AND NETAPP FORM GLOBAL STRATEGIC PARTNERSHIP TO ACCELERATE CUSTOMERS’ DIGITAL TRANSFORMATION.LENOVO GROUP - LENOVO AND NETAPP ANNOUNCED A NEW JOINT VENTURE COMPANY IN CHINA.LENOVO GROUP LTD - NEW JV IS EXPECTED TO BE OPERATIONAL BY SPRING 2019, PENDING LOCAL APPROVALS.  Full Article

Lenovo Group Posts Qtrly Profit Attributable Of $33 Mln
Thursday, 24 May 2018 

May 24 (Reuters) - Lenovo Group Ltd <0992.HK>::QTRLY REVENUE $10,638 MILLION VERSUS $9,759 MILLION.QTRLY PROFIT ATTRIBUTABLE $33 MLN VS $107 MLN LAST YEAR .BOARD HAS RESOLVED TO RECOMMEND PAYMENT OF A FINAL DIVIDEND OF HK20.5 CENTS PER SHARE FOR YEAR ENDED MARCH 31, 2018.FY REVENUE OF MOBILE BUSINESS DECREASED 6 PERCENT YEAR-ON- YEAR TO US$7,241 MILLION.MARKET CONDITIONS REMAIN CHALLENGING IN SHORT TERM."GROUP'S VIEW IS THAT LOWERED TAX RATE IN US WILL BENEFIT ITS OPERATIONS THERE OVER TIME".WITH SMARTPHONE, GROUP WILL CUT EXPENSES TO SIGNIFICANTLY REDUCE THE LOSS IN THIS BUSINESS.  Full Article

Lenovo Announces Results Of Tender Offer For Repurchase Of 2019 Notes And 2022 Notes
Friday, 23 Mar 2018 

March 23 (Reuters) - Lenovo Group Ltd <0992.HK>::ANNOUNCES FINAL RESULTS OF TENDER OFFER FOR REPURCHASE OF 2019 NOTES AND 2022 NOTES.‍CO AND JOINT LEAD MANAGERS SIGN SUBSCRIPTION AGREEMENT TO CARRY OUT A DRAWDOWN UNDER MEDIUM TERM NOTE PROGRAMME​.‍AGREEMENT TO CARRY OUT DRAWDOWN UNDER MEDIUM TERM NOTE PROGRAMME TO ISSUE 2023 NOTES IN AGGREGATE NOMINAL AMOUNT OF US$750 MILLION​.INTENDS TO USE NET PROCEEDS FROM 2023 NOTES TO REPURCHASE ITS OUTSTANDING 2019 NOTES AND 2022 NOTES​.NON-PREFERRED TENDER CAP WAS REVISED TO U.S.$200 MILLION AND WAS EXCEEDED.U.S.$140.2 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF PREFERRED 2019 TENDER INSTRUCTIONS RECLASSIFIED TO NON-PREFERRED 2019 TENDER INSTRUCTIONS.‍HAS DETERMINED NOT TO ISSUE 2028 NOTES​.NOTES TENDERED PURSUANT TO NON-PREFERRED 2019 TENDER INSTRUCTIONS WILL BE SUBJECT TO PRORATION.‍EXPECTS FINANCING CONDITION TO BE SATISFIED AND SETTLEMENT DATE OF TENDER OFFER IS EXPECTED TO BE ON OR ABOUT MARCH 29, 2018​.PRORATION AT A PRORATION FACTOR OF 34.007369%.‍WILL MAKE AN APPLICATION TO STOCK EXCHANGE FOR LISTING OF, AND PERMISSION TO DEAL IN, 2023 NOTES​.NO NON-PREFERRED 2022 TENDER INSTRUCTIONS HAVE BEEN ACCEPTED..NO TENDER PRICE FOR 2022 NOTES WAS SET..  Full Article

Lenovo Group Proposes Issuance Of U.S. Dollar-Denominated Notes Due 2023 And 2028
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Lenovo Group Ltd <0992.HK>::PROPOSES ISSUANCE OF U.S. DOLLAR-DENOMINATED NOTES DUE 2023 AND 2028 .‍INTENDS TO USE NET PROCEEDS FROM PROPOSED ISSUANCE OF NEW NOTES TO REPURCHASE ITS OUTSTANDING 2019 NOTES AND 2022 NOTES​‍.  Full Article

Intel Announces Collaborations To Bring 5G To Mobile PCs
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Intel Corp ::SAYS COLLABORATING WITH DELL, HP, LENOVO, MICROSOFT TO BRING 5G CONNECTIVITY TO WINDOWS PCS WITH INTEL XMM 8000 SERIES COMMERCIAL 5G MODEMS‍​.  Full Article

Lenovo Group Updates On Listing Of Medium Term Note Programme
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Lenovo Group <0992.HK>::US$3,000,000,000 MEDIUM TERM NOTE PROGRAMME .MADE APPLICATION TO STOCK EXCHANGE OF HONG KONG LTD FOR LISTING OF US$3 BILLION MEDIUM TERM NOTE PROGRAMME.  Full Article

Lenovo Group Posts‍ Qtrly Loss Attributable Of US$289 Mln
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Lenovo Group Ltd <0992.HK>::QTRLY LOSS ATTRIBUTABLE US$289 MILLION VERSUS PROFIT OF US$98 MILLION ​.‍Q3 GROUP REVENUE OF US$12.94 BILLION, UP 6%.QTRLY ‍MOBILE BUSINESS REVENUE WAS US$2,076 MILLION, DOWN 5 PERCENT YEAR-ON-YEAR​.  Full Article

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PC maker Lenovo books fourth-quarter profit surge, says production unaffected by trade war

HONG KONG Tech giant Lenovo Group Ltd on Thursday reported a market-beating three-fold surge in quarterly profit helped by strong personal computer (PCs) sales, and said its production plans had not been affected by the ongoing Sino-U.S. trade war.