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MINISO Group Announces September Quarter and First Nine Months of 2024 Unaudited Financial Results

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MNSO9896
High Materiality9/10

Information

GUANGZHOU, China , Nov. 29, 2024 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 989...

Original source

AI Summary

MNSO reported RMB12,281.3 million revenue, up 22.8% YoY.

Sentiment Rationale

Strong revenue growth signals positive performance, similar to past growth periods leading to stock gains.

Trading Thesis

Immediate positive earnings results can boost short-term investor confidence, reflecting in stock price.

Market-Moving

  • MNSO reported RMB12,281.3 million revenue, up 22.8% YoY.

Key Facts

  • MNSO reported RMB12,281.3 million revenue, up 22.8% YoY.

Companies Mentioned

  • MNSO (MNSO)
  • 9896 (9896)

Earnings

Revenue growth is significant for MNSO's ongoing performance and investor sentiment.

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