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Lenovo Reports Second Quarter 2012/13 Results



For the second quarter ended September 30, 2012

(in US$ millions, except per share data)
  Q2 12/13   Q2 11/12   Y/Y CHG
Sales 8,672   7,786   11%
Gross Profit 1,050   947   11%
Gross Profit Margin 12.1%   12.2%   -0.1pts
Operating Expenses (844)   (781)   8%
Expenses-to-Revenue Ratio 9.7%   10.0%   -0.3pts
Operating Profit 206   166   24%
Other Non-Operating Expenses (2)   (1)   47%
Pre-tax Income 204   165   24%
Taxation (41)   (20)   103%
Profit for the period 163   145   13%
Non-controlling interests (1)   (1)   12%
Profit attributable to Equity Holders 162   144   13%
EPS (US cents)          
Basic 1.58   1.41   0.17
Diluted 1.55   1.38   0.17

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