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aja38 replied to the topic Discussion Topic: Exercise your research skills in the forum Business 101 7 years, 3 months ago
Lenovo End of March 2018 bank statement
Revenue $45,350 million 5% better than 2017
Gross Profit $6,272 million 3% better than 2017
Gross Profit Margin 13.8%
Pre-tax income $153 million
Expense-to-revenue ratio 13%
Total dividend per share (HK cents) 26.5
(Loss)/profit attributable to equity holders of the Company $189 Million lower then 2017 $535 million
Looking at the bank statement of Lenovo there is an increase in revenue and gross profit. Lenovo is increasing and isn’t losing more on the contrary it is doing better than 2017.