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Computer giant Lenovo’s profit beats expectations, helped by remote working trend
China’s Lenovo Group, the world’s biggest personal computer maker, posted a better-than-expected quarterly profit on Thursday, and said it is capturing opportunities emerging from remote working and education.Lenovo reported a 31 per cent jump in net profit for its first quarter ended June to US$213 million, up from US$162 million in the same period last year. That beat the average US$107.48 million estimate of five analysts, according to Refinitiv data.Revenue increased 7 per cent to US$13.3…
Read the original article at South China Morning Post