MNSO Estimates 1Q Profit to Spike ~2x YoY, Adj. NP Excl. FX to Grow 7-10%
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MNSOanticipates a significant increase in its first-quarter profit for the period ending March 31, 2026. Expected revenue is projected to be between RMB5.678-5.728 billion, reflecting a 28-29% year-over-year growth. Operating profit is estimated at RMB1.511-1.531 billion, a rise of 113-116% YoY, while net profit is expected to reach RMB1.228-1.248 billion, marking a 195-200% increase YoY. Adjusted operating profit, excluding foreign exchange effects, is forecasted at RMB829-849 million (up 13-16% YoY), and adjusted net profit at RMB624-644 million (up 7-10% YoY).
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