Stock Movers | Pop Mart Plunges Over 10% After Results

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Pop Mart (09992) announced its earnings, causing the stock price to plunge over 10%, with a maximum drop of 15.8%, reaching a low of HKD 182.8.

As of 1:10 PM, the stock was at HKD 190.2, down 12.4%, with a turnover of HKD 5.5 billion.

Pop Mart announced that for the full year ending last year, shareholders’ profit was RMB 12.776 billion, a 3.09-fold increase year-on-year. Basic earnings per share were RMB 9.61, with a final dividend of RMB 2.3817.

According to non-International Financial Reporting Standards, the group’s adjusted net profit for last year was RMB 13.084 billion, up 2.85 times year-on-year. During the period, revenue reached RMB 37.12 billion, an increase of 1.85 times. THE MONSTERS revenue reached RMB 14.161 billion, soaring 3.66 times.

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