By Eva Dou

BEIJING--Lenovo Group Ltd. (0992.HK), the world's largest personal-computer maker, said Wednesday its net profit for its fiscal third quarter rose 18.6% from a year ago, beating analyst expectations.

The Chinese consumer electronics major said its net profit for quarter ended December was $300 million, compared with a net profit of $253 million a year earlier.

The result came in above the $226.3 million average estimate of 19 analysts surveyed earlier by Thomson One Analytics.

Revenue fell 8.5% to $12.9 billion from $14.1 billion a year earlier.

Lenovo had posted its first quarterly loss in more than six years in its fiscal second quarter on write-downs as it grappled with the integration of two U.S. acquisitions and a slowdown in growth for PCs and smartphones.

Lenovo spent roughly $4 billion in 2014 to buy the Motorola smartphone business from Google Inc. (GOOG) as well as International Business Machines Corp.'s (IBM) x86 server unit.

Write to Eva Dou at eva.dou@wsj.com

(END) Dow Jones Newswires

February 03, 2016 00:28 ET (05:28 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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