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Displaying items by tag: Financial Report

Saturday, 18 August 2012 14:58

Lenovo did well in first quarter 2012


The Lenovo Group declared the results for the first quarter of 2012. Lenovo made 8 million in sales which is a 35% improvement from last year, at the same time net profit has improved by 30%, or $141 million. These results are an indicator that Lenovo can maintain increasing profit in a competative market. On a worldwide scale they had 15% market share, which helps the company to have a significant advantage over others.  They also showed a 24.4% increase in net distribution; making it the 13th quarter in a row they beat the rest of the computer industry in this field.

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