Revenue Growth
The group delivered accelerated growth with revenue increased by 28.2%, supporting the high end of guidance.
Flagship Brands Performance
MINISO brand grew by 23%, while TOP TOY delivered exceptional revenue growth of 111%.
Profitability Milestone
Adjusted operating profit crossed RMB 1 billion for the first time, growing by 40.8%.
International Expansion
The U.S. market delivered revenue growth of over 65%, with same-store sales growth in a low double digit.
Store Network Expansion
International MINISO store network expanded with a net 170 stores during the quarter.
Inventory and Cash Flow Management
Inventory turnover improved, and the company maintained a strong cash reserve of RMB 7.77 billion.