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MINISO Reports Strong Financial Growth for Fiscal Year 2024

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MINISO Reports Strong Financial Growth for Fiscal Year 2024

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MINISO Group Holding Ltd. ( (HK:9896) ) has shared an announcement.

MINISO Group Holding Ltd. announced its consolidated annual results for the fiscal year ending December 31, 2024, showing significant financial growth. The company reported a revenue increase to RMB 16,994,025 thousand and a profit for the year of RMB 2,635,428 thousand, reflecting strong operational performance. The use of non-IFRS financial measures, such as adjusted net profit and adjusted EBITDA, highlights the company’s focus on providing a clearer picture of its operational success, despite the limitations of these measures compared to IFRS standards.

More about MINISO Group Holding Ltd.

MINISO Group Holding Ltd. is a company incorporated in the Cayman Islands, operating in the retail industry. It is known for offering a variety of lifestyle products, including home goods, electronics, and beauty products, with a focus on affordable pricing and trendy designs.

YTD Price Performance: -11.16%

Average Trading Volume: 8,324,618

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$52.49B

For detailed information about 9896 stock, go to TipRanks’ Stock Analysis page.

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