Miniso Group Holding Ltd. (MNSO) has released an update.
Miniso Group Holding Ltd. reported strong financial growth in its March Quarter 2024, with a 26% revenue increase to RMB3.7 billion and a 39.1% rise in gross profit to RMB1.6 billion. The company also marked significant store expansion, reaching over 6,630 stores globally, and highlighted a particularly robust performance in overseas markets with a 53% surge in revenue. This impressive growth aligns with Miniso’s long-term strategy aiming for a 20% compound annual growth rate in revenue.
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