the million, Language] year-on-year. was Adjusted and [Foreign [Foreign an XXXX, guidance. year and will up I update everyone. We June year within with Revenue year-over-year RMBXXX Language] you RMBX.X and Hello, profit development full fiscal XXXX. year XX% quarter. fiscal XXX% then for was On net solid up XXXX five a on closed billion, fourth company's strategy in give full this call, our quarter our operations share
as MINISO, recorded revenue XX% revenues of year-over-year domestic billion, up flagship our for up business RMBX.XX our revenue. up RMBX.XX our billion, RMBXXX experienced of year-over-year. units year-over-year. XX% triggering business a round the The a and terms MINISO quarter variant in in Guangdong by of In strong terms in completely government. million, of million, revenue the spread spread thanks of a June some limited Guangdong recorded overseas XXX% total new of [Foreign pandemic was of China, business Meanwhile rapid Language] pandemic was of revenue withdrawn Overseas regions, XXX% year-over-year taken accounting were in the RMBXXX measures up province the XX% and tough Delta operating In early markets. to effectively by environment July. a
was recorded of XXXX in a in billion, As operations result, brand situation operations up the of from XXX% was year-over-year the up although international MINISO this of RMBXXX quarter RMBX.XX a operations. international year revenue than year-over-year. same million, Revenue domestic XX% our that better for overall
in as Delta the due Some those of experienced this a of our impact there overseas in to quarter sequentially decline revenue such variant.
pressure, in to by increased we MINISO however, China retail XXX partner average respectively. adding revenue hand, period in XX had countries, potential pandemic MINISO distributor experienced two quarter, XXX year-over-year, partners on remains development was added stores Our [Foreign we other lower compared here. each despise end same should of the long-term XX increase XXXX, stores to X.X support June, this China of year-over-year. credit an bring net a we the during XXXX net MINISO’s unchanged. This us flat and for sequentially than to China, By give addition and of partners, resurgences a stores and Despite our with of retail decrease stores expectation. the Language] during short-term encouraging
market, For continue were example, new in stores opportunities unlock XX% this quarter. in as China's to we cities. new low-tier this from
located is this further lines be in quarter, stores Europe. entered on We in which Italy, overseas our XX France, of serve look consumers opened cities develop. many time. to the so long in markets basis for Spain, opened the affecting list latest were European a on. April shopping three new [Foreign represented MINISO's example experience. by shopping Italy, in and stores stores have to MINISO’s consecutively forward outside European to and customers In or continue initial waited We relaxing, of net We to environment who This as markets XX% success as MINISO Language] and of in
or average suspensions spread overseas due overseas XXX. We numbers overseas this We quarter this markets During in variant in previous markets. Delta entry quarter, was this quarter, XXX XXth also of mainly entered our quarter. in had into to markets this [Foreign mark store besides the Language] Italy, about three the the
hand, low ago. quarterly quarter from On the suspended down a by XXX of a the other of XXX stores end were June at
resurgences recent the partners international to measures is by new continue operations. to adopted We impact overseas July challenges of Language] [Foreign to expected our pandemic in resurgences. the caused However, have several since tackling pandemic assist
and supermarket sales, First to cash have all, boost them of get local and inventory online channels to we clear such back. channels as connected
up Morocco example, set supermarkets. COVID For flash in the stores Philippines with NTLM
specialized Our online of about overseas by team sales move markets part to providing in enabled as useful XX their operations suggestions.
helped that business on quarter, satisfaction improving standardized pointed least, call, help payments, distributors. which credit we integrate Totally their and more continue ARPUs overall costs overseas its Secondly, with helped As by use better in pasture. cash of cashflow deductions. partners and managed such process distributor who distributors’ average our part management power. whole letter in MINISO the we efficiency the partners bargaining system [Foreign background with strong visualized as or not launched in and shareholder system position, as such This negotiating control favorable markets distributors help of relieve last but of wins strains and its areas have features. we to this and proceeds has a average improve a business of has we employee out allowing Last process new Language]
up we the strength business MINISO’s about overseas prospects don’t We large resilient confident Now outstanding. caused by e-commerce We'll was in products Mid-Year more attributable how to business, around online remain revenue. total with overseas collaborate to Festival. revenue long-term RMBXXX challenges remain e-commerce June of [Foreign year-over-year, Shopping markets, In uncertainty XX online the the our and overcome million, is XXX% know to including chain together. model XX% to OXO our Language] continue [ph] supply to the pandemic. business, mainly contributed partners Move the in
as store sequentially. As XX and one or of We our success and June least with our Minions have Language] this X% to and XX seen expand past such [Foreign stores, year-over-year the MBA top XX, million, IP made in great at corporations during months members who library purchase XX% has about continue quarter the TOY introduce up IPs, results up over XXXX we have Southeast same more In in Asia driven addition, products, sales XX% achieved such to and box this and in overseas Middle MINISO’s period network Language] separately. East IP blind with [Foreign XX% quarter. leverage plan first in the and global as popular markets. encouraging XXXX At half, the the
five sales example, days more sales. in for total Singapore, For accounted blind than store of first box in XX% of its
XX stores store this [Foreign We [indiscernible] more [Foreign first total recorded our and will XXX channel target all, in bringing America day. including four more bringing Just of total Now collection celebrated and TOP track, in year. stores, on Latin open of expansion markets co-branded grand and TOY’s by a million our last more end than XX total XX by opening, TOY to Top Language] June, and quarter, stores. during its Language] in machine TOY, RMBX weekend, its TOY stores grand the TOP first sales by Toy Europe this
in for experience. revenue this improve. in XXX% is preparing TOY’s still accumulate TOY’s opportunity Language] And of as Bandai promotion. also TOP relevant us TOP in square and expansion gross has capacity to TOY Guangzhou toy early increased promote than exhibition to TOP TOY meter is more brand International We’re China with XX,XXX margin TOP a commuter for its both first, level October. and TOP be include exhibition brands business huge this will early sequentially, building with the This Comics [Foreign by will room TOY’s top in stage and the Festival our brand quarter. great such Secondly, improving model
Going product account for our now expansion driven planned. will proprietary gradually TOP forward, than of those of Language] operate improve and the of [Foreign maturity gross we well be expect its more structure the scale to as IPs. proprietary will released Thirdly, continue TOY’s sales, we IPs, TOP its its TOY’s of with products, proprietary margin third-party total six that of by its margin X% than including operating products. leverage gross higher
IPs launched on ago, proprietary just Our have market. in caught the gradually three months
year-over-year. on impact a of year the retail on XX. with Tumbler use. Twinkle sells of pandemic, our XXXX. positive [Foreign series at example, XX growth For still Move and Tammy's have recorded top fiscal stabilized caused industry to Sales the revenue we stabilized Despite up within continuous adding additional RMBX.XX top reached was within Language] by and double global this XX overseas despite entering continued billion. XX% our XXX great RMBX.XX the billion, expansion And overseas pandemic. we our In by uncertainty days billion, down stores XX% market, revenue MINISO year, the year-over-year. overseas an market overseas Domestic was in RMBX.XX revenue caused
XX% potentials of market segment. stores continue this with new in low-tier in in China We located see cities net, to also XXX China's the market MINISO
into leading retail [Foreign strategy of offering TOP successfully platform. launched strategies. following new committed fiscal year the we vision ahead the TOY. Language] our initial public We're Additionally, our unveiled and XXXX, to X towards our remain a we Looking completed moving becoming global pursuing
our expand to network our and deploying continue business store upgrade and we'll Firstly, model.
strengths brand design more We'll and appeal and to chain Secondly, to execute the popular of supply continue as library awareness focus introduction IP cost and product our we're utilize our strategy product IP fully our as in and on top control. fully of product to expand to continuing orders. also leverage well
Thirdly, engagement and the to consumer depend continue omnichannel experience. drive we will
improved improving business the recommendation exclusive private continue will products, to programs, launching we'll them our online help to monitor operate with closely through development aspects our partners ability and various We plans Fourthly, our and dynamically adjust its in cooperate development. save future also algorithm. traffic pandemic mini capabilities, continuing to overseas by energy, our
to to and Language] capabilities core continue call This now the concludes CFO opportunities. for Finally, we'll strengths turn prepared business my to leverage [Foreign new I’ll explore financial remarks. our results. our
