Mi Ming Mart (08473) announced that the group is expected to have a net profit for the fiscal year ending March 31, 2024...
According to the announcement released by Mi Ming Mart (08473), the group is expected to have a decrease of about 28% in net profit for the fiscal year ending on March 31, 2024 compared to the fiscal year ending on March 31, 2023.
The announcement stated that despite improvements in other income, gains, and losses, as well as decreases in sales and distribution expenses and administrative and operating expenses, the group still experienced a decline in net profit for the fiscal year ending on March 31, 2024 compared to the previous year. This decrease is mainly due to a decline in retail sales of the group caused by a decrease in sales of its skincare, food, and health products.