MINISO forecasts surge in Q1 2026 profit on AI investment gains
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MINISO Group Holding Ltd. forecasts strong Q1 2026 results, expecting revenue of RMB5.68 billion to RMB5.73 billion, a year-on-year increase of 28% to 29%. Adjusted operating profit is projected to rise 13% to 16%, while adjusted net profit is expected to grow 7% to 10%. The significant profit increase is attributed to an unrealized gain from an AI investment, despite challenges from foreign exchange losses and higher expenses. Analysts rate the stock as a Buy with a target price of HK$46.00.
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