Lenovo Group (00992) rose nearly 4%. As of press release, it rose 3.95% to HK$9.47, with a turnover of HK$0.319 billion.
The Zhitong Finance App learned that Lenovo Group (00992) rose nearly 4%. As of press release, it had risen 3.95% to HK$9.47, with a turnover of HK$0.319 billion.
According to the news, the Guoxin Securities Research Report pointed out that the Smart Devices and Infrastructure Solution Business Group performed well, and AI is driving performance growth. Furthermore, the AIPC penetration rate is rapidly increasing, and the overseas smartphone market is growing rapidly. The company continues to develop AI and deeply integrate AI with its own products. The bank believes that driven by AI demand, combined with the company's core advantage in the field of liquid cooling (Neptune Solution), the company's infrastructure solutions business grew rapidly. FY2Q2025 achieved revenue of 3.305 billion US dollars, an increase of 65.1% year-on-year and 4.6% month-on-month; operating losses continued to narrow, and profits are expected to be achieved in the 25th natural year.
Lenovo Group previously announced its interim results for the 2024/25 fiscal year. The total revenue for the three months ended September 30, 2024 (2024/25 Q2) was approximately 17.85 billion US dollars, an increase of 24% over the previous year. Benefiting from the global investment boom in artificial intelligence, all three business segments have grown. Revenue from the Smart Device Business (IDG), Infrastructure Solution Business (ISG), and Solution Service Business (SSG) business achieved 17.4%, 65.1%, and 12.9% growth respectively, driving the company's overall revenue to a 23.9% year-on-year increase and recorded 17.85 billion US dollars.