MINISO Group Holding Limited (MNSO) has released preliminary, unaudited figures for the six months ended 30 June 2026 (26H1), projecting solid top-line growth alongside a moderate uptick in profitability.

Revenue and Profitability • Revenue is expected to reach RMB 11.45 billion–RMB 11.55 billion, representing a year-on-year increase of about 22%–23%. • Operating profit is forecast at RMB 1.62 billion–RMB 1.66 billion, up roughly 5%–7% from RMB 1.55 billion a year earlier. • Profit for the period is estimated at RMB 0.94 billion–RMB 0.96 billion, a rise of 4%–6%. • Basic earnings per share are set to climb to RMB 0.78–RMB 0.79, translating into growth of 5%–7%; diluted EPS is projected at the same range, implying a 6%–9% improvement.

Adjusted Metrics • Adjusted operating profit (excluding foreign-exchange effects) is expected at RMB 1.61 billion–RMB 1.65 billion, up 4%–6%. • Adjusted net profit (excluding foreign-exchange effects and other non-recurring items) is anticipated at RMB 1.21 billion–RMB 1.23 billion, indicating a modest decline of 1%–3%.

Key Drivers and Headwinds • A RMB 277.00 million unrealized mark-to-market gain from a limited-partnership investment in the AI sector materially boosted results. • Equity income of roughly RMB 60.00 million from the stake in Yonghui Superstores provided an additional lift. • Offsetting factors included higher selling and distribution expenses, a RMB 142.00 million net foreign-exchange loss, increased interest on lease liabilities, losses tied to equity-linked securities issued in 2025, and fair-value changes related to TOP TOY preferred shares.

Upcoming Milestones The Board will meet on 28 August 2026 to approve the interim results. Management will host an earnings conference call on the same day at 5:00 a.m. ET (5:00 p.m. Beijing time).

All figures are based on the Group’s unaudited management accounts and may be subject to change upon final review.