Lenovo Profit Rises in Third Quarter

Chinese personal-computer maker Lenovo Group Ltd. said Wednesday its fiscal third-quarter net profit rose 33.5 percent, on continued sales growth.

For the quarter ended in December, Lenovo’s profit rose to $204.87 million from $153.46 million a year earlier, beating the forecast of $178.38 million by 11 analysts polled by Thomson Reuters.

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