Friday, May 27, 2011

Lenovo 2010/11 net $273,000,000 fiscal year

The afternoon of May 26 news, Lenovo Group today announced the IV quarter and annual results ended March 31, 2011. Lenovo Group today reported results for the year 2010, Association 2010 annual revenues in the fiscal year 215. US $900 million, increased 30 per cent, and net profit of 2. US $7.3 billion, up 112 per cent. Year - long global market share of 10. 2%.

Lenovo bugnein comprehensive sales year for the IV quarter increased 13 per cent. US $800 million, operating profit excluding restructuring costs, one-time expenses and other net income of us $69 million, increased by nearly 50 years bugnein. Gross profit margin to 12. 3 has raised 1. 9%. Lenovo's profit before tax in the same quarter to us $60 million, is three times last year. Profit attributable to shareholders to $42 million, is three times more than last year.

Board of Directors of Lenovo Chairman LIU Chuanzhi said : " this is an associative breakthrough year, the Board expressed satisfaction with the quarterly and annual results. Lenovo performance supporting companies to meet short-term and quarterly goals, long-term competitiveness is strengthened. Robust results demonstrate our present strategies, and implementation of strong. However, in addition to we celebrate the success, the group will focus on the development of global business challenge. Innovative products, focusing on strategy and a strong corporate culture will always be associative key to future success. ”

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