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MISSFRESH LIMITED

(MF)
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Missfresh Limited to Report Second Quarter 2021 Financial Results on Thursday, August 26, 2021

08/23/2021 | 06:03am EST

BEIJING, Aug. 23, 2021 (GLOBE NEWSWIRE) -- Missfresh Limited (“Missfresh” or the “Company”) (NASDAQ: MF), an innovator and leader in China’s neighborhood retail industry, today announced that it will report its second quarter 2021 unaudited financial results, on Thursday, August 26, 2021, after the close of U.S. markets. The earnings release will be available on the investor relations page of its website at http://ir.missfresh.cn.

The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Thursday, August 26, 2021 (9:00 AM Beijing/Hong Kong time on Friday, August 27, 2021). Details for the conference call are as follows:

Event Title:Missfresh Limited Second Quarter 2021 Earnings Conference Call
Conference ID:8895626
Registration Linkhttp://apac.directeventreg.com/registration/event/8895626


Please access the link provided above to complete the Direct Event online registration by at least 15 minutes prior to the scheduled call start time. Upon registration, each participant will receive a set of participant dial-in numbers, Direct Event passcode, a unique Registrant ID, and further detailed instructions, which will be used to join the conference call.

Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.missfresh.cn.

A replay of the conference call will be accessible approximately two hours after the conclusion of the call until September 2, 2021, by dialing the following telephone numbers:

United States:+1-855-452-5696
International:+61-2-8199-0299
Hong Kong, China:800-963-117
Mainland, China:400-632-2162
Replay Access Code:8895626


About Missfresh Limited

Missfresh Limited is an innovator and leader in China’s neighborhood retail industry. The Company invented the Distributed Mini Warehouse (DMW) model to operate an integrated online-and-offline on-demand retail business focusing on offering fresh produce and fast-moving consumer goods (FMCGs). Through the “Missfresh” mobile application and Mini Program embedded in third-party social platforms, consumers can easily purchase quality groceries at their fingertips and have the finest products delivered to their doorstep in 39 minutes on average.

Leveraging its core capabilities, Missfresh launched an intelligent fresh market business in the second half of 2020. This innovative business model is dedicated to standardizing and transforming fresh markets into smart fresh malls. Missfresh has also built up a full stack of proprietary technologies that empower a wide range of participants in the neighborhood retail business, such as supermarkets, fresh markets and local retailers, to jumpstart and efficiently operate their business in a digital way.

For more information, please visit: http://ir.missfresh.cn.

For investor and media inquiries, please contact:

In China:

Missfresh Limited
Investor Relations
Tel: +86 (10) 5954-4422
Email: ir@missfresh.cn

The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: missfresh@tpg-ir.com

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: missfresh@tpg-ir.com 



© GlobeNewswire 2021
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Financials
Sales 2021 7 840 M 1 240 M 1 240 M
Net income 2021 -3 862 M -611 M -611 M
Net cash 2021 960 M 152 M 152 M
P/E ratio 2021 -1,20x
Yield 2021 -
Capitalization 4 718 M 746 M 746 M
EV / Sales 2021 0,48x
EV / Sales 2022 0,39x
Nbr of Employees 1 335
Free-Float -
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 6
Last Close Price 20,04 CNY
Average target price 52,43 CNY
Spread / Average Target 162%
EPS Revisions
Managers and Directors
Xu Zheng Chairman & Chief Executive Officer
Jun Wang Co-Chief Financial Officer & Director
Xi Chen Co-Chief Financial Officer
Yang Li Director & Chief Technology Officer
Han Song Zhu Independent Director
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