BEIJING (Reuters) -China’s Lenovo on Thursday reported a 108% rise in first-quarter profit despite challenges from U.S. tariff policies.
Net profit attributable to shareholders was $505 million, above the consensus estimate of $307.7 million.
The world’s largest personal computer maker posted revenue of $18.8 billion for the three months ended June 30, beating analysts’ expectations of $17.4 billion, according to LSEG data.
(Reporting by Che Pan and Brenda Goh; Editing by Himani Sarkar)
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