Jinwu Financial News | Lenovo Holdings (03396) announced that in the first quarter of 2024, Jiawo Foods, a subsidiary of the company, achieved a net loss of 880.42 million yuan (RMB) attributable to shareholders of listed companies, a year-on-year decrease of 42%; the basic loss per share was 0.5054 yuan, compared to a loss of 0.8715 yuan for the same period last year.
In the same period, revenue of 1,028 billion yuan was recorded, a year-on-year decrease of 29.46%.