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Stock impact report

MINISO Group Announces December Quarter 2023 Unaudited Financial Results

MINISO Group Holding Limited American Depositary Shares, each representing four Ordinary Shares (MNSO) 
Company Research Source: PR Newswire
GUANGZHOU, China, March 12, 2024 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced its unaudited financial results for the quarter ended December 31, 2023 (the "December Quarter").Financial Highlights for the December Quarter Revenue was RMB3,841.3 million (US$541.0 million), representing an increase of 54.0% year over year and 1.3% quarter over quarter.Gross profit was RMB1,657.3 million (US$233.4 million), representing an increase of 66.2% year over year and 4.7% quarter over quarter.Gross margin was 43.1%, compared to 40.0% in the same period of 2022 and 41.8% in the previous quarter.Operating profit was RMB765.4 million (US$107.8 million), representing an increase of 71.0 % year over year, compared to RMB788.3 million in the previous quarter.Profit for the period was RMB637.8 million (US$89.8 million), represe Show less Read more
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