Miniso Group Holding Ltd. ( (MNSO) ) has released its Q4 earnings. Here is a breakdown of the information Miniso Group Holding Ltd. presented to its investors.
MINISO Group Holding Ltd., a global value retailer known for its trendy lifestyle products featuring IP design, operates in the retail sector with a focus on providing a unique shopping experience through its extensive network of stores worldwide.
In its latest financial report for the year ending December 31, 2024, MINISO Group announced a significant increase in revenue and profitability, highlighting a 22.8% rise in revenue to RMB16,994.0 million and a record gross margin of 44.9%. The company also achieved a milestone with over 3,000 overseas stores.
Key financial metrics reveal a 34.0% increase in gross profit to RMB7,637.1 million and a 15.9% rise in profit to RMB2,635.4 million. The company opened over 1,200 net new stores globally, with a strong focus on expanding its presence in overseas markets, which contributed significantly to revenue growth. The adjusted EBITDA margin stood at 25.5%, reflecting the company’s strategic focus on profitability.
Looking ahead, MINISO Group remains optimistic about continued growth in 2025, driven by its globalization strategy and efforts to enhance store economics. The company plans to focus on increasing same-store sales and optimizing store layouts to maintain healthy profit margins.