Miniso (HKG:9896) reported 440.5 million yuan in attributable profit for the three months ended Sept. 30, down from 641.8 million yuan in the year-ago period, according to a Friday Hong Kong bourse filing.
Earnings per share for the third quarter came in at 0.36 yuan, compared with 0.52 yuan in the prior-year period.
Revenue rose 28.2% to 5.80 billion yuan from 4.52 billion yuan a year earlier, the figures showed.
Shares of the company fell over 6% in HK market trading.
Miniso ADRs also fell 3% in overnight trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments