China#39;s Lenovo posts 64% slump in quarterly profit, but beats expectations

China#39;s Lenovo posts 64% slump in quarterly profit, but beats expectations

China#39;s Lenovo posts 64% slump in quarterly profit, but beats expectations Lenovo reported a 64% drop in net profit for its fourth quarter ended March to $43 million (35 million pounds) due to disruption cause by COVID-19, beating an average $7.49 million estimate of seven analysts, according to Refinitiv data.

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