Pop Mart 9992

[behappyalways]

Pop Mart: China's mystery toymaker becomes multi-billionaire

Source: BBC

https://www.bbc.com/news/business-55269779

[winston]

not vested

Pop Mart shares pop as profit nearly triples

Net profit of 3.13 billion yuan (HK$3.35 billion) last year, up 189 percent from 2023.

Revenue projected to increase by more than 50 percent, surpassing 20 billion yuan in sales.

Revenue in 2024 amounted to 13.04 billion yuan, up 107 percent year-on-year.

Specifically, mainland business contributed to revenue of 7.97 billion yuan, marking a growth of 52.3 percent, while turnover from Hong Kong, Macau and other markets surged 3.75 times to 5.07 billion yuan.

Gross profit margin stood at 66.8 percent, an increase of 5.5 percentage points year-on-year.

Source: Bloomberg

https://www.thestandard.com.hk/section- ... ly-triples

[winston]

not vested

Pop Mart eyes bigger footprint worldwide

Pop Mart International Group Ltd expects annual revenue to reach 20 billion yuan ($2.75 billion) in 2025, reflecting a 50 percent year-on-year rise, and anticipates growth in overseas markets to exceed 10 billion yuan.

Strong performance for 2024, with revenue up 106.9 percent to 13 billion yuan and net profit surging 185.9 percent to 3.4 billion yuan.

Source: China Daily

https://www.thestar.com.my/business/bus ... -worldwide