Lenovo’s second quarter net profit of $157 million $206 million to sell Office-running man 20130908

Lenovo’s second quarter net profit of $157 million, selling office earned $206 million on November 3rd in the afternoon news, Lenovo Group released its earnings in the three months ended September 30, 2016, in the second quarter, Lenovo’s revenue was $11 billion 231 million, down 8%; in addition to group pre tax profit of $168 million; net profit attributable to equity holders of 157 million dollars, a loss of $714 million for the same period last year. Lenovo to sell the property returned to profit Lenovo performing resource allocation measures in the second quarter of fiscal year, expected through the number of employees and other projects will reflect the continued operating cost savings of about $337 million, compared to the relevant action generated a total cost of $136 million. In addition, the Lenovo Group in the first half of the Beijing two office buildings for customer service leaseback, $129 million and $206 million in contributions to the sale of property income respectively for the first and two quarter. In the six months ended September 30, 2016, Lenovo’s consolidated revenue fell by $7%, or a fixed exchange rate fell by $21 billion 287 million to $5%. Lenovo’s personal computer and smart device business revenue fell 8% to $14 billion 796 million. Mobile business revenue fell 10% to $3 billion 751 million. Data center business revenue fell 4% to $2 billion 168 million. While other goods and services revenue of $572 million. Lenovo Group’s gross profit fell 2% to $3 billion 142 million, benefiting from the improvement in product mix, gross margin rose by 0.7 percentage points to 14.8%. Operating expenses decreased by 31% to $2 billion 682 million, the cost rate was 12.6%, compared to the same period last year was $17.1%. The rate of decline was mainly due to the implementation of a more effective cost control during the review period, and one-time items, including the proceeds from the sale of property. In the same period last year, the Group recorded restructuring costs and one-time costs totaling $923 million. Excluding resource allocation measures related costs and one-time items, including the sale of property income, Lenovo Group’s pre tax profit from $133 million last year, an increase of $163 million to $23%. The accounting treatment of derivative related to mergers and acquisitions of non cash charges of $151 million, including SystemX and Motorola, the amortization of intangible assets as part of a bid to buy Motorola issued three year promissory notes and other items of interest. Lenovo Group’s pre tax profit was $373 million, compared with a loss of $790 million in the previous year. Lenovo Group’s net profit was $330 million, compared with a net loss of $609 million last year. In addition, the Lenovo Group Board of directors as of September 30, 2016 declared an interim dividend for the six months ended 6 cents per share, amounting to approximately HK $666 million 500 thousand (about $86 million). The interim dividend will be paid on Monday, November 28th.相关的主题文章: