Lenovo Group disclosed financial results for the first quarter of the 2026/27 fiscal year. At the communication meeting, Yang Yuanqing, Chairman and CEO of Lenovo Group, said that the results of the first fiscal quarter were not one-off, but were sustainable, and they are confident that rapid growth and profit improvement will be maintained in the second half of the year. Yang Yuanqing said that the previously proposed target of “revenue exceeding 100 billion US dollars within two years” is expected to be achieved within this year. The goal of increasing the net profit margin to 5% in three years and 7%-8% in five years seems hopeful that it will be completed ahead of schedule.

Zhitongcaijing · 2d ago
Lenovo Group disclosed financial results for the first quarter of the 2026/27 fiscal year. At the communication meeting, Yang Yuanqing, Chairman and CEO of Lenovo Group, said that the results of the first fiscal quarter were not one-off, but were sustainable, and they are confident that rapid growth and profit improvement will be maintained in the second half of the year. Yang Yuanqing said that the previously proposed target of “revenue exceeding 100 billion US dollars within two years” is expected to be achieved within this year. The goal of increasing the net profit margin to 5% in three years and 7%-8% in five years seems hopeful that it will be completed ahead of schedule.