SHANGHAI (Reuters) – China’s Lenovo Group, the world’s biggest maker of personal computers, reported a 65% rise in second-quarter profit on Thursday and said it saw demand for commercial PCs grow at a near-record rate during the period.
Profit for the quarter ended Sept. 30 jumped to $512 million versus $310 million in the same period a year earlier.
Revenue rose 23% to $17.9 billion, slightly above an average estimate of $17.3 billion from 9 analysts, according to Refinitiv data.
(Reporting by Brenda Goh; Editing by Kim Coghill)