MINISO (MNSO, Financial) shares rose 2.87% to $19 before the market opened. The company's revenue for the first three quarters reached 12.28 billion yuan, marking a 22.8% increase year-over-year. Adjusted net profit grew by 13.7% to 1.928 billion yuan.
In the third quarter alone, revenue increased by 19.3% to 4.52 billion yuan, with a gross margin of 44.9%, up 3.1 percentage points from the same period last year, setting a new record high. The total number of stores worldwide has reached 7,420, with a net increase of 859 stores this year. Notably, the net increase in MINISO overseas and TOPTOY stores in the first three quarters surpassed the total for the previous year.
