Chinese PC giant Lenovo said its third fiscal quarter, ended December 31, was its best ever, with record numbers for both sales and profit at US$9.4 billion and US$205 million, respectively.
The company said in a statement today that the US$9.4 billion in revenue was a 12 percent increase from the year before, while third quarter profit leaped 34 percent year over year to reach US$205 million.
Gross profit for the third quarter increased 15 percent year over year to US$1.1 billion, while operating profit climbed 26 percent to US$243 million.
Lenovo added that its smartphone business in China was profitable for the first time.
This story originally appeared at ZDNet under the headline "Lenovo Q3 profit hits record $205M, China smartphone biz profitable.