Best Mart 360 earns $694.3m gross profit for 9 months ended 2023

The company had changed its financial year end from 31 March to 31 December.

Best Mart 360 Holdings Limited has recorded a gross profit of approximately $694.3m during the financial period under review, reflecting a gross profit margin of 36%.

Total revenue amounted to around $1.93b, representing a period-on-period increase of 17.3% as compared with the unaudited revenue of the same nine-month period in 2022.

The group’s same-store sales performance recorded a 3.4% growth for the financial period.

Net profit margin was approximately 8.7% for both the nine months ended 31 December 2023 and the year ended 31 March 2023, whilst profit attributable to the company’s owners was approximately $168.34m.