GUANGZHOU, China, May 19, 2021 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO) ("MINISO" or the "Company"),a fast-growing global value retailer offering a variety of design-led lifestyle products, today announced its unaudited financial resultsfor the third quarter of fiscal year 2021 ended March 31, 2021.Financial Highlights for the Third Quarter of Fiscal Year 2021

Revenue in the third quarter of fiscal year 2021 was RMB2,229.4 million (US$340.3 million), within the Company's guidancerange of RMB2,200 million and RMB2,400 million, representing an increase of 36.5% from the same period of the prior fiscalyear and a decrease of 3.0% from the previous quarter.Gross profit in the third quarter of fiscal year 2021 wasR MB626.5 million (US$95.6 million), representing an increase of 18.5%from the same period of the prior fiscal year and a decrease of 2.5% from the previous quarter.Operating profit in the third quarter of fiscal year 2021 was RMB161.1 million (US$24.6 million), representing an increase of304.4% from the same period of the prior fiscal year and an increase of 196.6% from the previous quarter.Profit from continuing operations in the third quarter of fiscal year 2021 was RMB115.0 million (US$17.5 million), comparedto a profit of RMB170.2 million in the same period of the prior fiscal year and a profit ofR MB20.8 million in the previous quarter.Adjusted net profit[1] in the third quarter of fiscal year 2021 was RMB149.0 million (US$22.7 million), repre