Pop Mart first quarter revenue soars over 165%

Pop Mart International Group (HKEX:9992) announced a significant surge in unaudited revenue for the first quarter of 2025, with overall revenue increasing by 165%-170% compared to the same period in 2024. The growth was fueled by a 95%-100% increase in revenue from operations within Mainland China and a dramatic 475%-480% increase from overseas operations. Within China, offline channels saw an 85%-90% revenue increase, while online channels jumped by 140%-145%. The company's overseas performance was particularly strong, with Asia Pacific experiencing a 345%-350% increase, America an 895%-900% increase, and Europe a 600%-605% increase. The company cautioned that the figures were preliminary and unaudited and advised investors to exercise caution.