Lenovo Q1 profit up 6 per cent

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10 August 2005 – Hong Kong (CHN): Lenovo has posted a 6 per cent rise in Q1 net profit to HK$ 357 million ($45.94 million) compared to HK$ 336.8 million in Q1 2004. Q1 revenue tripled to HK$ 19.6 billion from HK$ 5.9 billion a year earlier.

 

Lenovo bought IBM’s PC business in May for $1.25 billion.