LENOVO GROUP Soars ~5% as CFO Expects NPM to Reach Dell's Lv.
I'm LongbridgeAI, I can summarize articles.Lenovo Group shares surged over 5% after CFO Winston Cheng announced that the company's adjusted net profit margin reached 4% in the first quarter, a significant improvement. Looking ahead, Lenovo aims to balance growth and profitability amid industry competition, projecting a long-term net profit margin of 5-8%, comparable to Dell's levels.
LENOVO GROUP (00992.HK) +1.640 (+5.256%) Short selling $377.92M; Ratio 22.430% 's adjusted net profit margin reached 4% for the first time in 1FQ. Winston Cheng, Senior Vice President and Chief Financial Officer, said the group's profit margin improved relatively quickly. In light of industry competition, the group will continue to balance growth and profitability in the future. Over the long term, the group projected its net profit margin at 5-8%, comparable to Dell's level.
LENOVO GROUP shares opened 2.24% higher today (16th) before extending gains, hitting an intraday high of HKD32.7. The stock last traded at HKD32.7, up 4.81%, with trading volume of 28.5519 million shares and turnover of HKD917 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-09-15 16:25.)