MINISO Group Holding's Q1 Adjusted Earnings Fall, Revenue Rises

MT Newswires Live
23 May

MINISO Group Holding (MNSO) reported Q1 adjusted earnings Friday of 1.88 Chinese renminbi ($0.26) per diluted American depositary share, down from 1.96 renminbi a year earlier.

One analyst polled by FactSet expected 1.97 renminbi.

Revenue for the quarter ended March 31 was 4.43 billion renminbi, up from 3.72 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 4.37 billion renminbi.

The company's share price fell more than 4% in recent premarket activity.

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