Business
MINISO Group Announces March Quarter 2025 Unaudited Financial Results
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 March 31, 2025 (the "March Quarter").
About this update from Miniso Group Holding Ltd.
[{"type":"text","content":"Revenue grew 18.9 % year over year","length":44,"tagName":"p","attribs":{}},{"type":"text","content":"Significant sequential improvement of same-store sales(1) in MINISO mainland China for March Quarter","length":100,"tagName":"p","attribs":{}},{"type":"text","content":"Gross margin reached 44.2%, up 0.8 ppt year over year","length":58,"tagName":"p","attribs":{}},{"type":"text","content":"Adjusted EBITDA increased 7.5% year over year to RMB1,037.3 million","length":72,"tagName":"p","attribs":{}},{"type":"text","content":"Shareholder returns reached around RMB986.9 million year to date","length":64,"tagName":"p","attribs":{}},{"type":"text","content":"GUANGZHOU, China, May 23, 2025 /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 March 31, 2025 (the "March Quarter").","length":386,"tagName":"p"},{"type":"text","content":"Financial Highlights ","length":20,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue increased 18.9 % year over year to RMB4,427.0 million (US$610.1 million).","length":81,"tagName":"p"}]},{"val":[{"type":"text","content":"Same-store sales(1) in MINISO mainland China has significantly narrowed its decline for March Quarter to mid-single digit.","length":122,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit increased 21.1% year over year to RMB1,958.0 million (US$269.8 million).","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin was 44.2%, compared to 43.4% in the same period last year.","length":71,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating profit was RMB709.8 million (US$97.8 million), compared to RMB743.3 million in the same period last year.","length":115,"tagName":"p"}]},{"val":[{"type":"text","content":"Profit for the period was RMB416.5 million (US$57.4 million), compared to RMB586.0 million in the same period last year. Excluding other expenses and interest expenses related to issuance of equity linked securities in January 2025 (the "Equity Linked Securities"), and interest expenses related to the bank loans used for ac...