Brief: Miniso Group Posts Quarterly Revenue Of $346 Mln

MINISO Holding

25/08/2022 11:15

Aug 25 (Reuters) - MINISO Group Holding Ltd  9896.HK :
    * MINISO GROUP ANNOUNCES JUNE QUARTER AND FULL FISCAL YEAR
2022
FINANCIAL RESULTS
    * MINISO GROUP HOLDING LTD QTRLY REVENUE WAS RMB2,317.7
MILLION
(US$346.0MILLION) COMPARED TO RMB2,472.4 MILLION IN SAME PERIOD
OF 2021
    * MINISO GROUP - LOOKING FORWARD TO 2023 FISCAL YEAR, STILL
OPTIMISTIC ABOUT FUTURE REVENUE AND PROFIT GROWTH DESPITE
CONTINUED UNCERTAINTY FROM PANDEMIC
    * MINISO GROUP HOLDING LTD - RESURGENCES OF OMICRON VARIANTS
OF
COVID-19 CONTINUED TO IMPACT COMPANY'S OPERATIONS AND RESULTS IN
QUARTER ENDED JUNE 30
    * MINISO GROUP HOLDING LTD - BASIC AND DILUTED EARNINGS PER
ADS
WERE RMB0.68(US$0.10) IN THIS QUARTER
    * MINISO GROUP HOLDING LTD - ADJUSTED BASIC AND DILUTED
EARNINGS
PER ADS WERE BOTH RMB 0.72(US$0.11) IN THIS QUARTER
    * MINISO GROUP HOLDING LTD - ESTIMATES THAT GMV LOSS FROM
NEGATIVE
IMPACTS OF RESURGENCES OF COVID-19 IN CHINA AMOUNTED TO ABOUT
RMB700 MILLION IN QUARTER
    * MINISO GROUP - GOING INTO QUARTER ENDING SEPTEMBER 30,
EXPECTS
IMPACT OF COVID-19 TO PERSIST, ESPECIALLY IN FIRST- AND
SECOND-TIER CITIES IN CHINA

Source text for Eikon:  ID:nPnmQ9pqa 
Further company coverage:  9896.HK 

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