The world's largest PC manufacturer Lenovo Group's fourth quarter net profit decreased by 72%. PC sales continued to decline at the time of global economic deterioration and weak consumer expenditure.
Comprehensive Dow Jones News Agency and Shanghai Securities News reported that the Lenovo Group, which is headquartered in Beijing, China, on Wednesday (May 24), China announced on Wednesday (May 24).Fiscal season performance.
Lenovo Group said that the company's net profit as of three months as of March was US $ 114 million (below, about 153 million yuan).The net profit of the same period last year was $ 412 million.
The quarterly revenue decreased by 24%to US $ 12.635 billion, and its main business PC, smartphones and other equipment sales decreased by 21%.Lenovo Group said that slow demand and fluctuation of exchange rate fluctuations are the causes of decline in performance.
