Lenovo says pretax income rose 133 percent

Chinese PC maker Lenovo Group Ltd has announced that its pretax income for October to December quarter jumped 133 percent year-on-year to a record high of $350 million, due to the strong performance across its main business.

The news sent its Hong Kong-listed shares soaring nearly 12 percent to HK$6.67(85 cents) in Thursday's trading.

Lenovo, the world's largest PC maker by shipments, reported its highest quarterly revenue for four years of $14 billion, up 8.5 percent over the previous year. It also marked the 6th consecutive quarter of year-on-year growth.