Lenovo Group Limited announced its annual report as of March 31, 2024, which shows that the group's revenue reached 5.686 billion US dollars, but decreased by 8% year-on-year. Shareholders' attributable profit decreased by 37%, and net profit was 1.01 billion US dollars. The company's cash and cash equivalents decreased significantly to 3.56 billion US dollars, while total borrowings at the end of the year were 3.57 billion US dollars. The Board of Directors recommended a dividend of 30 Hong Kong cents per share. The Board of Directors includes executive and non-executive members, with independent directors committed to sustainability and corporate responsibility. Lenovo has established a comprehensive risk management and internal control framework, actively managing risks, and is committed to increasing the proportion of women...Show More

Lenovo Group Limited announced its annual report as of March 31, 2024, which shows that the group's revenue reached 5.686 billion US dollars, but decreased by 8% year-on-year. Shareholders' attributable profit decreased by 37%, and net profit was 1.01 billion US dollars. The company's cash and cash equivalents decreased significantly to 3.56 billion US dollars, while total borrowings at the end of the year were 3.57 billion US dollars. The Board of Directors recommended a dividend of 30 Hong Kong cents per share. The Board of Directors includes executive and non-executive members, with independent directors committed to sustainability and corporate responsibility. Lenovo has established a comprehensive risk management and internal control framework, actively managing risks, and is committed to increasing the proportion of women in global management positions. The company's efforts in climate change and supplier engagement have been recognized, receiving an A- rating for climate change and an A rating for supplier engagement from CDP. Lenovo is listed on the Hong Kong Stock Exchange (stock code: 992) and has American Depositary Receipts (ADR code: LNVGY) in the United States.