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| Thursday, October 16, 2008 00:28:01 |
Lenovo announces disappointing Q1 results
Lenovo Group, the world's third-largest computer maker, squeezed into the black in the fiscal first quarter ended-June, Reuters reported.
China's largest maker of personal computers unveiled a profit of 5 million US dollars in the fiscal first quarter, a tremendous drop from 46 million US dollars a year earlier.
It suffered a fiscal fourth-quarter loss of 903 million HK dollars which is bigger than expected.
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