MINISO Group Announces September Quarter and First Nine Months of 2024 Unaudited Financial Results
1. Revenue increased 22.8% year-over-year, reaching RMB12.28 billion. 2. Gross margin improved to 44.1%, up 3.7 percentage points year-over-year. 3. Net profit rose 11.6% year-over-year to RMB1.83 billion. 4. Overseas revenue contribution increased to 37% from 32% year-over-year. 5. The company added 859 net new stores in 2024, nearing annual targets.