Lenovo Group Ltd (OTCPK:LNVGF)
$ 1.22 -0.06 (-4.69%) Market Cap: 15.69 Bil Enterprise Value: 15.93 Bil PE Ratio: 14.78 PB Ratio: 2.79 GF Score: 85/100

Q2 2020 Lenovo Group Ltd Earnings Call Transcript

Nov 07, 2019 / 07:00AM GMT
Release Date Price: $0.79 (+2.60%)
Jenny Lai
Lenovo Group Limited - VP of IR

Good morning, and good evening. Welcome to Lenovo's quarter 2 earnings webcast. Thanks to everyone for joining us. This is Jenny Lai, Vice President of Investor Relations.

Before we start, let me introduce our management team joining the call today. We have Lenovo's Chairman and CEO, Mr. Yang Yuanqing; Corporate President and COO, Mr. Gianfranco Lanci; Group CFO, Mr. Wong Wai Ming; President of Motorola, Mr. Sergio Buniac; and Senior Vice President at Data Center Group, Mr. Doug Fisher.

We will begin with a presentation shortly, and after that, we will open the call for questions.

Without further ado, let me turn the call over to Yuanqing. Yuanqing, please.

Yuanqing Yang
Lenovo Group Limited - Chairman & CEO

Hello, everyone. Thank you for joining us today. Last quarter, we delivered another quarter of solid performance despite the ongoing geopolitical uncertainties. We significantly improved the profit with a pretax income up 45% year-on-year to USD 310 million and a net income up 20%

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot