Bond.az - Lenovo Group posted record annual revenue and sharply higher profit, as booming demand for AI servers offset tariff pressures.
The world's largest PC maker reported revenue of $83.1 billion for the fiscal year ended March 31, up 20% from a year earlier.
Profit attributable to shareholders rose 38% to $1.91 billion.
Fourth-quarter revenue jumped 27% to a record $21.6 billion, with quarterly net profit surging to $521 million from $90 million.
Lenovo said AI-related revenue rose 105% during the year and accounted for one-third of total group revenue. AI revenue represented 38% of fourth-quarter sales.
Its infrastructure solutions unit, including servers, returned to full-year profitability, posting record revenue of $19.2 billion.
The intelligent devices group posted 17% annual revenue growth. Global PC market share reached a record 24.4% in Q4.
The board proposed a final dividend of HK33.7 cents per share, up from HK30.5 cents.
