New consumption stocks rose in Hong Kong market. Mao Geping Cosmetics soared over 10% after posting strong Q3 2026 growth; Mixue Group up 7%; WL Delicious, Pop Mart, MNSO up around 4%.
Mao Geping Cosmetics announced preliminary, unaudited results for the third quarter of 2026, indicating solid expansion across its core business lines and geographic channels.
Revenue for the three months ended 30 September 2026 rose by approximately 22%-24% year on year, driven by sustained demand for the flagship brand’s cosmetics portfolio and continued geographic penetration. Net profit recorded comparable growth of 22%-24% versus the prior-year period, underscoring effective cost controls and steady gross margin performance.
For the first nine months of 2026, the Group’s revenue advanced 24%-26% year on year, while net profit increased 20%-22%. Both gross profit margin and net profit margin remained broadly stable, reflecting balanced pricing strategy and disciplined operating expense management.
Management highlighted the company’s ongoing commitment to “generating value for consumers” through a product philosophy that blends oriental aesthetics with Western light-and-shadow techniques. Expansion of the consumer base, coupled with robust performance across major product categories and channels, supported the quarter’s double-digit top- and bottom-line growth. The Group also continued to invest in its beauty education segment to strengthen industry expertise and reinforce brand professionalism.
The disclosed figures are based on China Accounting Standards for Business Enterprises and have not been audited or reviewed by independent auditors. Investors are advised to interpret the data with caution until the final results are released.
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