Lenovo posts 65% rise in Q2 profit

News Image

MG News | November 04, 2021 at 09:29 AM GMT+05:00

0:00

November 4, 2021: China's Lenovo Group, the world's biggest maker of personal computers, reported a 65% rise in second-quarter profit on Thursday and said it saw demand for commercial PCs grow at a near-record rate during the period.

Profit for the quarter ended Sept. 30 jumped to $512 million versus $310 million in the same period a year earlier.

Revenue rose 23% to $17.9 billion, slightly above an average estimate of $17.3 billion from 9 analysts, according to Refinitiv data.

Reuters

Related News

Name Price/Vol %Chg/NChg
KSE100 137,747.61
140.58M
0.91%
1245.07
ALLSHR 85,715.62
436.81M
0.75%
635.72
KSE30 41,979.68
38.76M
1.03%
427.06
KMI30 193,204.54
29.63M
-0.07%
-126.22
KMIALLSHR 56,310.24
215.24M
-0.01%
-5.07
BKTi 39,572.98
22.64M
2.79%
1074.90
OGTi 28,115.55
1.50M
-0.08%
-22.84
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,445.00 120,695.00
116,740.00
-2790.00
-2.32%
BRENT CRUDE 69.10 69.17
68.80
-0.11
-0.16%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 106.50 106.60
106.50
-2.20
-2.02%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.82 66.99
66.51
-0.16
-0.24%
SUGAR #11 WORLD 16.31 16.67
16.27
-0.26
-1.57%

Chart of the Day


Latest News
July 15, 2025 at 11:25 AM GMT+05:00

Saudi Riyal available at PKR 76.8 in open market


July 15, 2025 at 10:46 AM GMT+05:00

Fast Cables certified by TAQA for global projects


July 15, 2025 at 10:24 AM GMT+05:00

Pakistan, UK launch Trade Dialogue in London


July 15, 2025 at 10:05 AM GMT+05:00

FinMin praises SBP, banks for priority sector growth



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg