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Mingchuang Youpin's first quarter revenue exceeded 6000 stores by 3.791 billion

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On November 21, Mingchuang Youpin disclosed its first quarter report for the 2024 fiscal year. As of September 30, 2023, the group's revenue was 3.791 billion yuan, a year-on-year increase of 36.7%; Shareholders should account for a profit of RMB 613 million, a year-on-year increase of 48.82%.
During the reporting period, there were 6115 global stores of Mingchuang Youpin, including 6115 domestic stores, a net increase of 533 compared to the same period last year; There are 2313 overseas stores, a net increase of 286 compared to the same period last year.
From a market perspective, the revenue from China was 2.496 billion yuan, a year-on-year increase of 34.7%; The revenue from overseas markets was 1.295 billion yuan, a year-on-year increase of 40.8%.
In many ways, the quarter of September 30th this year has been the best quarter in the company's history so far, "said Ye Guofu, founder, chairman, and CEO of Mingchuang Youpin.
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