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Lenovo Surpasses Sales Projections but Profits Decline 64% Amidst PC Market Competition
2025-05-22 /
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Author：小编
Lenovo Group has registered double-digit revenue growth for four straight quarters, with sales soaring 23% to approximately $17 billion in the fourth fiscal quarter of FY2025, surpassing all expectations. Nonetheless, due to losses incurred in the derivatives business and intense price competition in the PC market, net profits took a significant hit, plummeting by 64% to approximately $90 million, missing market forecasts. Despite this, Lenovo Group's annual revenue stood at approximately RMB 498.5 billion, marking a 21% year-on-year increase and reaching the second-highest level in its history.
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