Computer giant Lenovo’s profit beats expectations, helped by remote working trend

//Computer giant Lenovo’s profit beats expectations, helped by remote working trend

Computer giant Lenovo’s profit beats expectations, helped by remote working trend

China’s Lenovo Group, the world’s biggest personal computer maker, posted a better-than-expected quarterly profit on Thursday, and said it is capturing opportunities emerging from remote working and education.Lenovo reported a 31 per cent jump in net profit for its first quarter ended June to US$213 million, up from US$162 million in the same period last year. That beat the average US$107.48 million estimate of five analysts, according to Refinitiv data.Revenue increased 7 per cent to US$13.3…

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By | 2020-08-13T07:04:45+00:00 August 13th, 2020|Technology|Comments Off on Computer giant Lenovo’s profit beats expectations, helped by remote working trend