China's Lenovo posts third-quarter loss due to U.S. tax reform

China's Lenovo posts third-quarter loss due to U.S. tax reform

6 years ago
Anonymous $v9r5mEH86V

https://www.reuters.com/article/us-lenovo-results/chinas-lenovo-posts-third-quarter-loss-due-to-u-s-tax-reform-idUSKBN1FL3HX

Chinese personal computer maker Lenovo Group reported a quarterly loss of $289 million on Thursday against a $98 million profit a year earlier, due mainly to a one-off charge of $400 million resulting from U.S. tax reform.

China's Lenovo posts third-quarter loss due to U.S. tax reform

Feb 1, 2018, 1:24am UTC
https://www.reuters.com/article/us-lenovo-results/chinas-lenovo-posts-third-quarter-loss-due-to-u-s-tax-reform-idUSKBN1FL3HX >Chinese personal computer maker Lenovo Group reported a quarterly loss of $289 million on Thursday against a $98 million profit a year earlier, due mainly to a one-off charge of $400 million resulting from U.S. tax reform.