GO
| HSI1 | 25,606.03 | +219.51 | 281.30B |
| HSCEI1 | 8,550.87 | +75.55 | 91.73B |
| Back Zoom + Zoom - Block Traded | |
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2026-05-22 10:21:35 LENOVO GROUP (00992.HK)'s 4FQ results beat, Citi said in its report. Revenue reached USD21.56 billion, up 27% YoY, marking the highest quarterly growth rate in five years. This was 19% above Citi's forecast and 13% above market expectations. Gross margin was 16.4%, flat YoY, but 1.5 ppts above Citi's forecast and 1.6 ppts above market expectations, thanks to a better product mix and a turnaround to positive gross margin in ISG. The broker believed LENOVO GROUP's recent share price strength has already reflected the market's positive expectations for the shiny results. The target price was HKD12.6, with a Buy rating. ~ AASTOCKS Financial News Website: www.aastocks.com | |