LENOVO GROUP FINANCIAL SUMMARY For the fiscal quarter ended December 31, 2015 (in US$ millions, except per share data) |
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Q3 15/16 |
Q3 14/15 |
Y/Y CHG |
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Revenue | 12,913 | 14,092 | -8% | |||
Gross profit | 1,885 | 2,097 | -10% | |||
Gross profit margin | 14.6% | 14.9% | -0.3 pts | |||
Operating expenses | (1,506) | (1,772) | -15% | |||
Expenses-to-revenue ratio | 11.7% | 12.6% | -0.9 pts | |||
Operating profit | 379 | 325 | 17% | |||
Other non-operating expenses | (59) | (51) | 16% | |||
Reported pre-tax income | 320 | 274 | 17% | |||
Pre-tax income (*excluding non-cash M&A related accounting charges) | 397 | 348 | 14% | |||
Taxation | (26) | (17) | 50% | |||
Net profit for the period | 294 | 257 | 14% | |||
Non-controlling interests | 6 | (4) | N/A | |||
Profit attributable to equity holders | 300 | 253 | 19% | |||
Earnings Per Share (US cents)
Basic Diluted |
2.71 2.70 |
2.32 2.30 |
0.39 0.40 |
Lenovo Delivers Strong Q3 Profit
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