Legend Holdings: Lenovo Group's Q3 FY24/25 results announced

Legend Holdings (HKEX:3396) has released the unaudited consolidated third-quarter results for FY2024/25 of its subsidiary, Lenovo Group Limited (HKEX:992), for the nine months ended December 31, 2024. Lenovo Group reported revenue of US$18.796 billion for the quarter and US$52.093 billion for the nine months. Gross profit reached US$2.959 billion for the quarter and US$8.315 billion for the nine months, with gross profit margins of 15.7% and 16.0% respectively. Operating profit stood at US$688 million for the quarter and US$1.833 billion for the nine months. Profit attributable to equity holders of the company amounted to US$693 million for the quarter and US$1.295 billion for the nine months, with basic earnings per share at US5.66 cents and US10.56 cents, respectively. The announcement advises caution to shareholders and investors when dealing in the company’s securities.