Gelonghui May 22 丨 Taobo (06110.HK) announcementmegamillionsresults2021today, for the year ended February 29, 2024, the Group's revenue was RMB28megamillionsresults2021today, 933.2 million yuan, an increase of 6.9% compared with the year ended February 28, 2023. The Group's operating profit was RMB 2,786.5 million, an increase of 14.6% compared with the year ended February 28, 2023. Profit attributable to equity holders of the company for the year was RMB2,213.0 million, an increase of 20.5% compared with the year ended February 28, 2023. The company's board of directors recommended the payment of a final dividend of RMB 5.00 cents per ordinary share for the year ending February 29, 2024.

During the fiscal year, the number of net store closures decreased significantly year-on-year, and the total sales area remained stable. As of February 29, 2024, the company operated a total of 6,144 directly operated stores, with the total number of stores decreasing by 6.4% year-on-year, and the gross sales area decreasing by 0.8% year-on-year. Compared with August 31, 2023, the total number of stores decreased by 1.0%, and the gross sales area increased by 0.9%.