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Ministop Reports Revenue Growth Amid Losses

Ministop Reports Revenue Growth Amid Losses

Ministop Co., Ltd. (JP:9946) has released an update.

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Ministop Co., Ltd. reported an increase in gross operating revenue to 20,553 million yen for the quarter ending May 31, 2024, up 5.3% from the previous year, despite a downturn in profits with a net loss of 1,135 million yen. The company’s total assets rose to 81,859 million yen, while net assets decreased slightly. Looking ahead, Ministop forecasts a gross operating revenue of 90,000 million yen for the fiscal year ending February 2025, with a prospective operating profit of 1,500 million yen.

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