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MNSO 3Q NP Down 31.4% to RMB441M; Non-IFRS NP Up 12.3%
2025-11-21 12:20:48
MNSO (09896.HK) announced its third-quarter results ending September 30, 2025. Revenue reached RMB5.797 billion, up 28.2% YoY, topping the upper limit of the company's previous guidance range of 25-28%. Gross profit rose 27.6% to RMB2.59 billion, while the gross profit margin inched down by 0.2 ppts YoY to 44.7%.

It recorded a net profit of RMB441 million, down 31.4% YoY, with earnings per share for ordinary shares of RMB0.36, and earnings per ADS of RMB1.44. Under non-IFRS standards, adjusted net profit was RMB763 million, up 12.3% YoY. Earnings per share for ordinary shares were RMB0.62, and earnings per ADS were RMB2.48.
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