Miniso H1 2026 Revenue RMB11.5 billion Up 22.4%, Net Profit RMB960m Up 5.6%
Miniso Group reported first-half 2026 revenue of RMB11.50 billion, up 22.4% year-on-year, with net profit attributable to shareholders of RMB962 million, up 6.13%. Adjusted net profit fell 15.66% to RMB1.079 billion, while operating cash flow rose 45.5% to RMB1.48 billion. The company returned RMB1.31 billion to shareholders and declared no interim dividend.
On August 28, Miniso Group released its first-half 2026 financial report. During the period, total group revenue reached RMB11.50 billion, up 22.4% year-on-year. Profit attributable to shareholders was RMB962 million, an increase of 6.13%, while basic earnings per share stood at RMB0.79. No interim dividend was declared. Gross margin was 44.3%. Adjusted net profit was RMB1.079 billion, down 15.66% year-on-year; on a Non-IFRS basis, adjusted net profit was RMB1.22 billion. Net cash generated from operating activities in the first half amounted to RMB1.48 billion, up 45.5% year-on-year. During the same period, the company returned RMB1.31 billion to shareholders, exceeding adjusted net profit excluding exchange gains or losses. Diluted earnings per share grew 8.2% year-on-year. By brand, Miniso brand revenue was RMB10.51 billion, up 21.6% year-on-year. Within this, mainland China revenue was RMB6.45 billion, up 26.2% year-on-year, marking the fastest first-half growth in three years, with domestic same-store sales achieving positive mid-single-digit growth. As of June 30, Miniso brand operated 8,309 stores in mainland China and overseas markets, a net increase of 697 stores year-on-year. TOP TOY stores numbered 365, a net increase of 72 stores year-on-year. In total, global stores reached 8,674.