Lenovo Kick-Starts FY19/20 With Industry Leading Growth, Doubling Year-on-Year Income Through Strong Customer Focus and Acceleration of Intelligent Transformation Strategy - Seite 3
LENOVO GROUP FINANCIAL SUMMARY |
For the first quarter ended June 30, 2019
(in US$ millions, except per share data)
Q1 19/20
Q1 18/19
Y/Y CHG
Revenue
12,512
11,913
5%
Gross profit
2,048
1,632
26%
Gross profit margin
16.4%
13.7%
2.7pts
Operating expenses
(1,705)
(1,452)
18%
Expenses-to-revenue ratio
13.6%
12.2%
1.4pts
Operating profit
343
180
90%
Other non-operating expenses - net
(103)
(67)
52%
Pre-tax income
240
113
113%
Taxation
(48)
(28)
75%
Profit for the period
192