MINISO Group Holding Limited: MINISO Group Announces September Quarter 2023 Unaudited Financial Results

GUANGZHOU, China, Nov. 20, 2023 /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 September quarter 2023. Financial Highlights for the First Quarter of Fiscal Year 2024 ended September 30, 2023 Revenue was RMB3,791.2 million ( US$519.6 million ), representing an increase of 36.7% year over year and 16.6% quarter over quarter.Gross profit was RMB1,583.7 million ( US$217.1 million ), representing an increase of 60.2% year over year and 22.2% quarter over quarter.Gross margin was 41.8%, compared to 35.7% in the same period of 2022 and 39.8% in the previous quarter.Operating profit…

Source: FinanzNachrichten.de
Categories: Business, Investing, Stocks and Bonds, Brokerages, Home, Personal Finance, Guides