Miniso (HKG:9896) expects a profit of between 1.32 billion yuan and 1.33 billion yuan for the year 2025, down from 2.64 billion yuan a year prior, according to a Friday Hong Kong bourse filing.
Revenue for the year is expected to jump 26% year over year to roughly 21.4 billion yuan.
The retailer attributed the profit forecast to a share of loss from its investment in Yonghui Superstores, which is anticipated to record a net loss of around 2.1 billion yuan for the period.
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