Mixue Books Rise in Profit, Names CEO and Co-Chairman

MT Newswires Live

03/24

Mixue Group's (HKG:2097) profit attributable to owners rose to 5.89 billion yuan for 2025 from 4.44 billion yuan a year earlier, according to a Tuesday Hong Kong bourse filing.

Mixue shares rose 7% on the news.

Earnings per share at the bubble tea giant came in at 15.65 yuan, compared with 12.32 yuan a year earlier.

Revenue rose to 33.6 billion yuan from 24.8 billion yuan in 2024.

Separately, Zhang Hongfu was appointed co-chairman and stepped down as chief executive officer, while Zhang Yuan was appointed chief executive officer, effective Tuesday.

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