Lenovo Group (00992) reported that its adjusted profit attributable to equity holders for the first quarter increased by 176% year-on-year to $1.075 billion, marking its first time surpassing the $1 billion threshold.

According to the Zhitong Finance APP, Lenovo Group (00992) announced its performance for the three months ending June 30, 2026, with revenue increasing by 43% year-on-year to reach $26.9 billion, setting a new record for a single quarter. Gross profit was $4.452 billion, a 60% year-on-year increase. Adjusted profit attributable to equity holders rose by 176% year-on-year to $1.075 billion, marking the first time it has surpassed the $1 billion threshold. Benefiting from an expanded revenue scale and improved efficiency, the adjusted operating profit margin and net profit margin increased to 5.7% and 4.0%, respectively.