MINISO Group Holding Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
November 29, 2024 at 03:35 am EST
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MINISO Group Holding Limited reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was CNY 4,522.58 million compared to CNY 3,791.15 million a year ago. Net income was CNY 641.77 million compared to CNY 612.59 million a year ago. Basic earnings per share from continuing operations was CNY 2.08 compared to CNY 1.96 a year ago. Diluted earnings per share from continuing operations was CNY 2.08 compared to CNY 1.96 a year ago.
For the nine months, sales was CNY 12,281.32 million compared to CNY 9,997.48 million a year ago. Net income was CNY 1,811.87 million compared to CNY 1,617.43 million a year ago. Basic earnings per share from continuing operations was CNY 5.84 compared to CNY 5.2 a year ago. Diluted earnings per share from continuing operations was CNY 5.8 compared to CNY 5.16 a year ago.
MINISO Group Holding Ltd is a China-based holding company mainly engaged in the development, retail and wholesale of lifestyle and pop toy products featuring intellectual property (IP) design. The Company's brands include MINISO and TOP TOY. MINISO products include home decor, small electronics, textile, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. TOP TOY brand products include blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys. The Company mainly operates its businesses in China, other countries in Asia, America, Europe and other aeras.