
POP MART's Wang Ning: Expecting over 50% growth in 2025 compared to 2024

POP MART Chairman and CEO Wang Ning stated at the 2024 financial report performance communication meeting that sales are expected to grow by more than 50% year-on-year in 2025, with business growth in overseas and Hong Kong, Macau, and Taiwan regions reaching over 100%. Sales are expected to exceed 20 billion yuan, with overseas and Hong Kong, Macau, and Taiwan sales surpassing 10 billion yuan. At the same time, the North American market is expected to recover to 2020 sales levels
POP MART Chairman and CEO Wang Ning stated at the 2024 financial report performance communication meeting that he expects over 50% growth in 2025 compared to 2024, with overseas and Hong Kong, Macau, and Taiwan regions potentially seeing over 100% growth. It is anticipated that POP MART Group will achieve sales exceeding 20 billion yuan in 2025, with sales in overseas and Hong Kong, Macau, and Taiwan regions surpassing 10 billion yuan. Meanwhile, Wang Ning indicated that the North American market is expected to reach the group's sales figures from 2020 by 2025. Previous financial reports show that POP MART's revenue in 2020 was 2.513 billion yuan.
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