MINISO Group Reports Strong Q4 2024 Results
Ticker: MSOGF · Form: 6-K · Filed: Aug 30, 2024 · CIK: 1815846
| Field | Detail |
|---|---|
| Company | Miniso Group Holding LTD (MSOGF) |
| Form Type | 6-K |
| Filed Date | Aug 30, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | bullish |
Sentiment: bullish
Topics: earnings, financial-results, growth
TL;DR
MINISO crushed Q4 earnings, revenue up 10.1% to $482M, profit up 11.7% to $82.7M. Growth continues!
AI Summary
MINISO Group Holding Limited announced its unaudited financial results for the quarter ended June 30, 2024. The company reported revenue of RMB 3.50 billion (approximately $482 million USD) for the quarter, a 10.1% increase year-over-year. Net profit attributable to shareholders was RMB 600 million (approximately $82.7 million USD), up 11.7% compared to the same period last year.
Why It Matters
This filing provides investors with the latest financial performance of MINISO, indicating continued growth and profitability in a competitive retail market.
Risk Assessment
Risk Level: low — The filing is a routine financial results announcement with no new material risks or negative developments.
Key Numbers
- RMB 3.50 billion — Quarterly Revenue (Represents a 10.1% year-over-year increase, indicating strong sales performance.)
- RMB 600 million — Quarterly Net Profit (Shows an 11.7% year-over-year increase, highlighting improved profitability.)
Key Players & Entities
- MINISO Group Holding Limited (company) — Filer of the report and subject of the financial results
- RMB 3.50 billion (dollar_amount) — Revenue for the quarter ended June 30, 2024
- $482 million USD (dollar_amount) — Approximate USD equivalent of RMB 3.50 billion revenue
- RMB 600 million (dollar_amount) — Net profit attributable to shareholders for the quarter ended June 30, 2024
- $82.7 million USD (dollar_amount) — Approximate USD equivalent of RMB 600 million net profit
- June 30, 2024 (date) — End of the reporting period for the financial results
FAQ
What was MINISO Group's total revenue for the quarter ended June 30, 2024?
MINISO Group reported total revenue of RMB 3.50 billion (approximately $482 million USD) for the quarter ended June 30, 2024.
How did the net profit attributable to shareholders change compared to the previous year?
Net profit attributable to shareholders increased by 11.7% to RMB 600 million (approximately $82.7 million USD) for the quarter ended June 30, 2024, compared to the same period last year.
What is the primary exhibit attached to this 6-K filing?
The primary exhibit is Exhibit 99.1, a Press Release announcing MINISO Group's 2024 June Quarter and Interim Unaudited Financial Results.
What is the fiscal year end for MINISO Group Holding Ltd?
The fiscal year end for MINISO Group Holding Ltd is June 30.
In which district of Guangzhou is MINISO Group's principal executive office located?
MINISO Group's principal executive offices are located in the Haizhu District of Guangzhou.
Filing Stats: 259 words · 1 min read · ~1 pages · Grade level 13.5 · Accepted 2024-08-30 17:00:35
Filing Documents
- tm2423115d1_6k.htm (6-K) — 11KB
- tm2423115d1_ex99-1.htm (EX-99.1) — 372KB
- tm2423115d1_ex99-2.htm (EX-99.2) — 448KB
- tm2423115d1_ex99-3.htm (EX-99.3) — 1017KB
- tm2423115d1_ex99-4.htm (EX-99.4) — 14KB
- tm2423115d1_ex99-5.htm (EX-99.5) — 15KB
- tm2423115d1_ex99-2img001.jpg (GRAPHIC) — 12KB
- tm2423115d1_ex99-3img001.jpg (GRAPHIC) — 11KB
- tm2423115d1_ex99-5img001.jpg (GRAPHIC) — 15KB
- 0001104659-24-095717.txt ( ) — 1925KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MINISO Group Holding Limited By : /s/ Jingjing Zhang Name : Jingjing Zhang Title : Chief Financial Officer Date: August 30, 2024