HSI1 27,032.54 -233.84 238.71B
HSCEI1 9,175.18 -93.00 90.89B
Back    Zoom +    Zoom - Block Traded
G Sachs: LENOVO GROUP (00992.HK) Quarterly Results Beat
2026-02-12 15:48:03
LENOVO GROUP (00992.HK)'s results for the quarter ended December 2025 beat expectations, Goldman Sachs released a research report saying. Revenue grew by 18% YoY to US$22 billion, 8%/ 7% ahead of the expectations of Goldman Sachs/ market consensus, respectively.

Gross margin sustained at 15.1%, compared to 15.4% in 2FQ ended end-September, roughly in line with the forecasts of the broker/ market of 15.2%/ 15.4%.

Adjusted operating expense ratio improved from 11.7% in 2FQ to 11%, better than the broker's projection of 12.1%, leading to a 28% YoY increase in adjusted operating profit to US$903 million, 39% higher than Goldman Sachs' estimation.

Adjusted net profit inclined by 35% YoY to US$589 million, 50% ahead of the broker's prediction. Therefore, Goldman Sachs rated LENOVO GROUP at Buy, with a target price of $11.98.
~

AASTOCKS Financial News
Website: www.aastocks.com