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LENOVO GROUP: Tariff Impact Under Control; Overall GPM Expected to Continue to Rise
Recommend 15 Positive 19 Negative 10 |
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LENOVO GROUP (00992.HK) recently announced its annual results. Senior Vice President and CFO, Winston Cheng, said that the profit for 4FQ25 was slightly affected by tariffs, but remained under control. If tariffs remain at the current level, the profit for 1FQ26 is also expected to be manageable. He noted that the Group has production bases in 30 regions worldwide, allowing flexible output adjustments and faster response compared to its peers. Regarding pricing, Cheng added that the Group has completed price hikes last year, and did not see a drop in market demand due to tariffs. The channel order performance for 1FQ26 remained strong. As the revenue share from non-PC businesses increases, the overall gross profit margin is forecasted to continue rising, although no target guidance has been provided. AASTOCKS Financial News Website: www.aastocks.com |
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