Miniso Group hits record revenue as global store upgrades fuel growth

Grafa
Miniso Group hits record revenue as global store upgrades fuel growth
Miniso Group hits record revenue as global store upgrades fuel growth
Mahathir Bayena
Written by Mahathir Bayena
Share

Miniso Group (NYSE:MNSO) reported record-breaking financial results for both the December quarter and the full fiscal year 2025, underpinned by aggressive global brand momentum and a successful fleet-wide store upgrade program.

The lifestyle retailer saw its full-year revenue reach RMB 21,443.8 million, while the final quarter of the year contributed a record RMB 6,254.1 million to the top line.

The company's performance was bolstered by a significant rise in same-store Gross Merchandise Volume (GMV), reflecting the success of its "IP-led" product strategy and enhanced store formats.

Both adjusted EBITDA and adjusted operating profit grew at double-digit rates year-over-year, as the company benefited from improved operational efficiencies and a higher-margin product mix.

Financially, Miniso maintained a robust balance sheet, ending the year with a cash position of RMB 7,087.9 million.

This liquidity supported a significant return of capital to investors, with the company returning a total of RMB 1,907 million to shareholders throughout 2025.

In conjunction with the earnings release, the board announced a final dividend of approximately US$0.3764 per American Depositary Share (ADS).

Frequently asked questions

Connect with us

Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relate to your unique circumstances.

Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of or reliance on the information provided directly or indirectly, by use of this platform.