The group released the first quarter results of fiscal year 2020 / 2021. According to the financial report, Lenovo Group’s revenue in the first quarter was $13.348 billion, a year-on-year increase of 7%, and a net profit of $213 million, a year-on-year increase of 31%. < / P > < p > the group’s revenue, which consists of personal computers and smart devices and mobile businesses, grew by 5.2% year-on-year to $11.736 billion, a new record in the first quarter. Its profit before tax increased by 17.2% year-on-year to $620 million. The mobile business recorded a quarterly revenue of $1.093 billion, down 27% from the same period last year, due to a sharp drop in demand in Latin America.